Re:The financial cost of not knowing things
by joker3 on Monday May 14, 2018 @04:56PM
(#17069380)
That's not what the actual Dunning-Kruger effect is. See https://www.talyarkoni.org/blog/2010/07/07/what-the-dunning-... for an explanation of why this is wrong and what Dunning and Kruger actually found.
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I understand the difference, but I should have framed it better: it is not 2nd order ignorance itself, but it is one expression of it in the extreme.
I suppose the point is that we all have 2nd order ignorance (just pick a context until you find it), but we act inappropriately upon it to varying degrees depending on... what might as well be called wisdom i suppose, you could call it the anti-dunning-kruger effect I suppose.