​Economists Have Found That Entrepreneurs Are Likely to Have Subjective

Multiple Choice

​Economists have found that entrepreneurs are likely to have subjective beliefs about the probability of entrepreneurial success that are higher than the actual objective probabilities. These beliefs are most closely related to which of the following behavior concepts?

A) ​People are overconfident.
B) ​People give too much weight to a small number of vivid observations.
C) ​People are reluctant to change their minds.
D) ​People are inconsistent over time.