We Are Blind and Don’t Even Realize
We Are Blind and Don’t Even Realize
How our delusion, hubris and prejudice limit us
Overconfidence. The two Economics Nobel Prize winners Daniel Kahneman and Amos Tversky referred to the overconfidence effect. According to this, we simply overrate our abilities. 80% of all drivers consider themselves in the best 30% … 87% of Stanford University MBA students assess their academic achievements as above average… From a purely mathematical standpoint, this [...]