The Dunning-Kruger Effect - Deepstash
The Dunning-Kruger Effect

The Dunning-Kruger Effect

In economic decision-making, this cognitive bias refers to people overestimating their knowledge or abilities in a particular area, often leading to poor decisions.

124

951 reads

CURATED FROM

IDEAS CURATED BY

As an avid freakonmics listener, I decided to compile a list of my own personal favorite economic facts and.

Similar ideas to The Dunning-Kruger Effect

Dunning-Kruger Effect

Dunning-Kruger Effect

  • The Dunning-Kruger effect is a type of cognitive bias in which people believe that they are smarter and more capable than they really are. Essentially, low ability people do not possess the skills needed to recognize their own

The Dunning-Kruger effect

The Dunning-Kruger effect

It's a type of cognitive bias in which people believe that they are smarter and more capable than they really are. Inexperience masquerades as expertise. And we tend to see it in other people, but we don’t see it in ourselves.

Who Is Affected By The Dunning-Kruger Effect

Who Is Affected By The Dunning-Kruger Effect

The reality is that everyone is susceptible to this phenomenon. People who are genuine experts in one area may mistakenly believe that their intelligence and knowledge carry over into other areas in which they are less familiar. A brilliant scientist, for example, might ...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates