Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
The lesson isn’t that dumb people are overconfident, according to its co-creator. It’s that you are. Few psychological rules have as high a public profile as the Dunning-Kruger effect. Way back in ...
What Is the Dunning-Kruger Effect? The Dunning-Kruger effect happens when when someone who isn't especially knowledgeable in a particular area overestimates how much they know or how good they are at ...
Eduardo Mello is the co-founder and CTO of Alabama Solutions, which offers nearshore outsourcing and IT staff augmentation services. The Dunning-Kruger effect, a cognitive bias, reveals a curious ...
Jeff Somers is a freelancer who has been writing about writing, books, personal finance, and home maintenance since 2012. When not writing, Jeff spends his free time fixing up his old house. He has ...
Let me describe a scenario that I think we’ve all been in. You pick up a game like Gears of War 3 or Starcraft II or the deck-building iOS game Ascension. You jam through the single-player campaign or ...
Perhaps you’ve heard of the Dunning-Kruger effect? It’s where someone with limited understanding of an area of knowledge tends to overestimate their competence. Dunning-Kruger seems to particularly ...