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Extraction Summary

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People
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Quotes

Document Information

Type: News article / legal production document
File Size:
Summary

This document appears to be a printed copy of a TIME magazine article titled 'The Optimism Bias' by Tali Sharot, dated May 28, 2011. The text discusses the psychological tendency for humans to maintain personal optimism despite negative external realities or statistics. The document contains a Bates stamp 'HOUSE_OVERSIGHT_030283', indicating it was part of a document production for the House Oversight Committee, likely in relation to an investigation involving Jeffrey Epstein or related parties, though the text itself is purely a general interest article.

People (1)

Name Role Context
Tali Sharot Author
Author of the TIME article 'The Optimism Bias'

Organizations (2)

Name Type Context
TIME
Magazine that published the article
House Oversight Committee
Implied by the Bates stamp 'HOUSE_OVERSIGHT_030283' at the bottom of the page

Timeline (2 events)

2005
Study regarding optimism in adults over 60
Unknown
2007
Survey regarding public perception of family success vs. personal optimism
Unknown

Key Quotes (3)

"We like to think of ourselves as rational creatures."
Source
HOUSE_OVERSIGHT_030283.jpg
Quote #1
"The belief that the future will be much better than the past and present is known as the optimism bias."
Source
HOUSE_OVERSIGHT_030283.jpg
Quote #2
"Overly positive assumptions can lead to disastrous miscalculations"
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HOUSE_OVERSIGHT_030283.jpg
Quote #3

Full Extracted Text

Complete text extracted from the document (1,739 characters)

16
Article 5.
TIME
The Optimism Bias
Tali Sharot
May. 28, 2011 -- We like to think of ourselves as rational creatures.
We watch our backs, weigh the odds, pack an umbrella. But both
neuroscience and social science suggest that we are more optimistic
than realistic. On average, we expect things to turn out better than
they wind up being. People hugely underestimate their chances of
getting divorced, losing their job or being diagnosed with cancer;
expect their children to be extraordinarily gifted; envision themselves
achieving more than their peers; and overestimate their likely life
span (sometimes by 20 years or more).
The belief that the future will be much better than the past and
present is known as the optimism bias. It abides in every race, region
and socioeconomic bracket. Schoolchildren playing when-I-grow-up
are rampant optimists, but so are grownups: a 2005 study found that
adults over 60 are just as likely to see the glass half full as young
adults.
You might expect optimism to erode under the tide of news about
violent conflicts, high unemployment, tornadoes and floods and all
the threats and failures that shape human life. Collectively we can
grow pessimistic — about the direction of our country or the ability
of our leaders to improve education and reduce crime. But private
optimism, about our personal future, remains incredibly resilient. A
survey conducted in 2007 found that while 70% thought families in
general were less successful than in their parents' day, 76% of
respondents were optimistic about the future of their own family.
Overly positive assumptions can lead to disastrous miscalculations —
make us less likely to get health checkups, apply sunscreen or open a
HOUSE_OVERSIGHT_030283

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