Errors in judgment refer to mistakes made in decision-making processes, often due to cognitive biases, lack of information, or emotional influences. These errors can lead individuals to make choices that are not in their best interest or that overlook important facts. Common examples include overconfidence, where a person overestimates their knowledge, and confirmation bias, where one favors information that supports their existing beliefs. Such errors can occur in various contexts, including personal life, business, and even in fields like psychology and economics. Understanding these errors is crucial for improving decision-making skills and fostering better outcomes in both individual and group settings.