Knowing with Certainty: The Appropriateness of Extreme Confidence

Abstract (via Fischoff)

How often are people wrong when they are certain that they know the answer to a question? The studies reported here suggest that the answer is “too often”. The psychological bases for unwarranted certainty are discussed in terms of the inferential processes whereby knowledge is constructed from perceptions and memories.

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04. September 2010 by Miguel Barbosa
Categories: Behavioral Economics, Curated Readings | Leave a comment

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