Author:
Magnus Jan R.,Peresetsky Anatoly A.
Abstract
An explanation of the Dunning–Kruger effect is provided which does not require any psychological explanation, because it is derived as a statistical artifact. This is achieved by specifying a simple statistical model which explicitly takes the (random) boundary constraints into account. The model fits the data almost perfectly.JEL ClassificationA22; C24; C91; D84; D91; I21
Cited by
17 articles.
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