Overconfidence and Leadership
Russ and Phil discuss the problem of overconfidence in assessing decision-making abilities, particularly among leaders. They explore how leaders often avoid admitting mistakes and the role of persistence in perception. The conversation also touches on selection bias and the distinction between being a good decision maker and simply being lucky.In this clip
From this podcast

EconTalk
Phil Rosenzweig on Leadership, Decisions, and Behavioral Economics
Related Questions
Why do certain people succeed while others do not, as discussed in the episode 40: Annie Duke | How to Make Decisions Like a Poker Champ and the clip Making Quality Decisions?
Why do certain people succeed while others do not, as discussed in the episode 40: Annie Duke | How to Make Decisions Like a Poker Champ and the clip Making Quality Decisions?