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
Englisch

Erschienen in
Series: Tinbergen Institute Discussion Paper ; No. TI 2021-092/III

Klassifikation
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
Dunning-Kruger effect
Boundary conditions
Tobit model

Ereignis
Geistige Schöpfung
(wer)
Magnus, Jan R.
Peresetsky, Anatoly A.
Ereignis
Veröffentlichung
(wer)
Tinbergen Institute
(wo)
Amsterdam and Rotterdam
(wann)
2021

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Magnus, Jan R.
  • Peresetsky, Anatoly A.
  • Tinbergen Institute

Entstanden

  • 2021

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