According to the text, the planning fallacy may be caused by the fact that we...

A. assume that every individual part of our plan is likely to go smoothly without thinking through each probability

B. fail to realize that although each individual part of our plan is very likely to go smoothly, it doesn't follow that the whole plan is likely to go smoothly

C. fail to realize that we must add up (not multiply) the probabilities of each individual plan going smoothly

D. fail to realize that the individual parts of our plan are not mutually exclusive.


Ans: B. fail to realize that although each individual part of our plan is very likely to go smoothly, it doesn't follow that the whole plan is likely to go smoothly

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