Due diligence and Dunning-Kruger effect: Difference between pages
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The | ''Behavioural economics''. | ||
The Dunning-Kruger effect is an irrational tendency among certain incompetent individuals systematically to overestimate their true level of competence. | |||
In simple terms, the Dunning-Kruger effect is the reverse of the Impostor syndrome. | |||
Such tendencies to assess evidence incorrectly are known collectively as 'cognitive bias'. | |||
== See also == | == See also == | ||
* [[ | * [[Impostor syndrome]] | ||
* [[Behavioural economics]] | |||
[[Category:Corporate_Strategy]] | |||
[[Category:Business_and_Operational_Risk]] | |||
[[Category:Managing_Risk]] | |||
Revision as of 16:38, 18 July 2014
Behavioural economics.
The Dunning-Kruger effect is an irrational tendency among certain incompetent individuals systematically to overestimate their true level of competence.
In simple terms, the Dunning-Kruger effect is the reverse of the Impostor syndrome.
Such tendencies to assess evidence incorrectly are known collectively as 'cognitive bias'.
