A statistical explanation of the Dunning-Kruger effect

Jan Magnus, Anatoly A. Peresetsky

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.

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Year of publication:	[2021]
Authors:	Magnus, Jan R. ; Peresetsky, Anatoly A.
Publisher:	Amsterdam, The Netherlands : Tinbergen Institute
Subject:	Dunning-Kruger effect \| Boundary conditions \| Tobit model \| Tobit-Modell \| Schätztheorie \| Estimation theory \| Statistische Methodenlehre \| Statistical theory

Extent:	1 Online-Ressource (circa 17 Seiten) Illustrationen
Series:	Discussion paper / Tinbergen Institute. - Rotterdam [u.a.] : [Verlag nicht ermittelbar], ISSN 0929-0834, ZDB-ID 2435783-2. - Vol. TI 2021, 092
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/248776 [Handle]
Classification:	A22 - Undergraduate ; C24 - Truncated and Censored Models ; C91 - Laboratory, Individual Behavior ; D84 - Expectations; Speculations ; D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving ; I21 - Analysis of Education
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012665994