Abstract:

This study aims to investigate the relationship between mindfulness and overconfidence defined as a decision making error. Data were gathered from department of business administration students. Mindfulness was divided into acceptance and attention dimensions and their effects on overplacement and overestimation as the dimensions of overconfidence were explored. Results indicate that acceptance has significant relations with overplacement which means participants who accept the events and situations predict more accurately about their performance and others’ than participants who don’t accept. This study contributes to literature as few studies exist about the association between mindfulness and decision making process. Based on a belief that organizations benefit from better decisions, acceptance based training programs were suggested for employees who work for strategic decision making positions

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