What does the illusion of control describe?

The illusion of control refers to the cognitive bias where individuals believe that they can influence outcomes that are actually determined by chance. This phenomenon often manifests in various contexts, such as gambling or decision-making, where people may feel that their actions, rituals, or efforts can affect random events.

The belief in personal control can lead individuals to take more risks or engage in behaviors that they might not otherwise consider if they understood that the outcomes are largely outside their influence. This understanding of the illusion of control is crucial because it highlights how individuals can misjudge their own capabilities and the extent to which they can shape their environment. In summary, the illusion of control exemplifies the overestimation of one's influence over uncontrollable outcomes, making this option the most accurate representation of the concept.