Likelihood
Strong optimism, is the overarching mental state wherein people believe that things are more likely to go well for them than go badly. Compare this with the valence effect of prediction, a tendency for people to overestimate the likelihood of good things happening rather than bad things. It is the demonstrated systematic tendency for people to be over-optimistic about the outcome of planned actions.
Personal optimism correlates strongly with self-esteem, with psychological well-being and with physical and mental health. Optimism has been shown to be correlated with better immune systems in healthy people who have been subjected to stress. Martin Seligman, in researching this area, criticizes academics for focusing too much on causes for pessimism and not enough on optimism. He states that in the last three decades of the 20th century journals published 46,000 psychological papers on depression and only 400 on joy.
Popular culture has reflected the link between optimism and well-being with works like the fable “The Moth and the Star”, and Barack Obama’s speech and book, The Audacity of Hope.
A number of scholars have suggested that although optimism and pessimism might seem like opposites, in psychological terms they do not function in this way. Having more of one does not mean you have less of the other. The factors that reduce one do not necessarily increase the other. On many occasions in life we need both in equal supply.
Hope can become a force for social change when it combines optimism and pessimism in healthy proportions. John Braithwaite, an academic at the Australian National University, suggests that in modern society we undervalue hope because we wrongly think of it as a choice between hopefulness and naiveness as opposed to scepticism and realism.

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