Building upon the foundational insights from The Psychology of Overconfidence and Its Modern Risks, this article delves deeper into the mechanisms by which overconfidence influences risk-taking behavior. Understanding these linkages is crucial for developing strategies to mitigate irrational decisions across various domains, from everyday life to high-stakes environments. 1. The Influence of Overconfidence on Risk-Taking in Decision-Making a. How overconfidence affects individual perception of risk and safety margins Overconfidence skews