The planning fallacy refers to people＇s overoptimistic tendency to underestimate the time required to complete a future task. Researchers have provided theories to explain the psychological mechanism of planning fallacy, planning fallacy theory and memory bias theory. Evidences show planning fallacy could be influenced by some factors, such as cognitive factors, motivational factors, individual experience level and task property. Previous research findings show that planning fallacy could be avoided by coping strategy. The directions for furth...
