Dunning-Kruger effect and Panama Papers: Difference between pages

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''Behavioural economics''.
The Panama Papers are a large number of leaked confidential documents relating to offshore tax avoidance structures and participating individuals and corporations.


The Dunning-Kruger effect is an irrational tendency among certain incompetent individuals systematically to ''overestimate'' their true level of competence.
The Panama Papers were publicised by the ''Süddeutsche Zeitung'' in Germany in 2016.


In simple terms, the Dunning-Kruger effect is the reverse of the [[Impostor syndrome]].
A possible explanation for the Dunning-Kruger effect is that the skills we need to assess our level of competence in a given task correctly, are exactly the same skills that we need to perform the task itself.  Those lacking in the task 'performance' skills would then, necessarily, lack the 'competence assessment' skills too.
The Dunning-Kruger effect can however be 'cured' with even a relative moderate amount of appropriate training.
Such tendencies to assess evidence incorrectly are known collectively as 'cognitive bias'.


The documents were leaked from a law firm and corporate services provider headquartered in Panama.




== See also ==
== See also ==
* [[Impostor syndrome]]
* [[Anti-avoidance provision]]
* [[Behavioural economics]]
* [[Her Majesty’s Revenue & Customs]]
* [[PANA inquiry]]
* [[Pandora Papers]]
* [[Paradise Papers]]
* [[Tax avoidance]]
* [[Tax evasion]]
* [[Tax haven]]


[[Category:Corporate_Strategy]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Business_and_Operational_Risk]]
[[Category:Ethics_and_corporate_governance]]
[[Category:Managing_Risk]]

Revision as of 23:54, 6 October 2021

The Panama Papers are a large number of leaked confidential documents relating to offshore tax avoidance structures and participating individuals and corporations.

The Panama Papers were publicised by the Süddeutsche Zeitung in Germany in 2016.


The documents were leaked from a law firm and corporate services provider headquartered in Panama.


See also

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