Overestimation and Underestimation
Phil discusses the tendency for people to overestimate and underestimate their abilities, using examples such as language learning and drawing. He also explores how survey questions can manipulate overestimation and overplacement. Russ adds insights on the driving example and the perception of baseball players' throwing abilities.In this clip
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EconTalk
Phil Rosenzweig on Leadership, Decisions, and Behavioral Economics
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