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I know I'm right! A behavioural view of overconfidence
Author(s) -
Mannes Albert,
Moore Don
Publication year - 2013
Publication title -
significance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.123
H-Index - 21
eISSN - 1740-9713
pISSN - 1740-9705
DOI - 10.1111/j.1740-9713.2013.00674.x
Subject(s) - overconfidence effect , trait , positive economics , psychology , economics , epistemology , philosophy , computer science , social psychology , programming language
Statistics is all about uncertainty. Why, then, are so few of us uncertain enough? Being far too certain is a near‐universal trait: the consequences have sometimes been catastrophic. Albert Mannes and Don Moore outline the ways humans are overconfident in their judgements – and why so many of us think that we can finish decking the patio on time.