Arbeitspapier
A statistical explanation of the Dunning-Kruger effect
An explanation of the Dunning-Kruger effect is provided which does not require any psychological explanation, because it is derived as a statistical artefact. This is achieved by specifying a simple statistical model which explicitly takes the (random) boundary constraints into account. This model fits the data perfectly.
- Sprache
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Englisch
- Erschienen in
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Series: Tinbergen Institute Discussion Paper ; No. TI 2021-092/III
- Klassifikation
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Wirtschaft
Economic Education and Teaching of Economics: Undergraduate
Single Equation Models; Single Variables: Truncated and Censored Models; Switching Regression Models; Threshold Regression Models
Design of Experiments: Laboratory, Individual
Expectations; Speculations
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Analysis of Education
- Thema
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Dunning-Kruger effect
Boundary conditions
Tobit model
- Ereignis
-
Geistige Schöpfung
- (wer)
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Magnus, Jan R.
Peresetsky, Anatoly A.
- Ereignis
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Veröffentlichung
- (wer)
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Tinbergen Institute
- (wo)
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Amsterdam and Rotterdam
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Magnus, Jan R.
- Peresetsky, Anatoly A.
- Tinbergen Institute
Entstanden
- 2021