Are the Unskilled Really that Unaware? An Alternative Explanation
Charles University in Prague - CERGE-EI (Center for Economic Research and Graduate Education - Economics Institute)
UNSW Australia Business School, School of Economics
April 1, 2007
CERGE-EI Working Paper No. 325
In a series of articles and manuscripts (e.g., Kruger & Dunning, 1999, Dunning et al., 2003, Ehrlinger et al., 2005), Dunning, Kruger and their collaborators argued that the unskilled lack the metacognitive ability to realize their incompetence. We propose that the unskilled-and-unaware problem - rather than being one of biased judgements - is one of unbiased judgements based on biased information.
Number of Pages in PDF File: 27
Keywords: calibration, judgement errors, unskilled, unaware, metacognition
JEL Classification: C46, C91, C93, D01, D81, D83, D84
Date posted: March 30, 2008
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