Stumbling and Mumbling
Overconfidence in politics
chris dillow
Publish date: Mon, 29 Jul 2013, 02:33 PM
One of the best-attested cognitive biases - which has effects in boardrooms (pdf) and stock markets - is overconfidence. A new paper (pdf) by Pietro Ortoleva and Erik Snowberg shows that it also has political effects. They estimated the overconfidence...
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Stumbling and Mumbling
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