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THE DUNNING-KRUGER EFFECT
Stumbled across a cognitive bias that could be humorously applied to FPL
Have a look at my FPL graph below, read the thread, and let me know: are you victim to the âDunning-Kruger Effectâ?
#FPL #FPLCommunity
THE DUNNING-KRUGER EFFECT
Stumbled across a cognitive bias that could be humorously applied to FPL
Have a look at my FPL graph below, read the thread, and let me know: are you victim to the âDunning-Kruger Effectâ? #FPL #FPLCommunity
1) The Dunning-Kruger Effect is a cognitive bias whereby people who are incompetent at something are unable to recognise their own incompetence (Kruger & Dunning, 1999). Further, not only will they feel competent, they will feel high confidence in their ability too! 
2) In other words, incompetent novices will believe they are even more competent than experts. Therefore, on occasion, those that are most opinionated and confident that they are âcorrectâ, are perhaps the most incompetent 
3) Indeed, as shown in the image below, this initial over-confidence is colloquially termed âThe Peak of Mount Stupidâ
the lowest point as the âValley of Despairâ, 
the rise as the âSlope of Enlightenmentâ
and the final product, the âPlateau of Sustainabilityâ 
...
the lowest point as the âValley of Despairâ, the rise as the âSlope of Enlightenmentâand the final product, the âPlateau of Sustainabilityâ ...
4) What stage are we at, FPL managers? I hope you enjoyed this very short thread, only aimed as a bit of fun for the #FPLCommunity. If you liked this post, RTs are always appreciated. Love you all 
I hope you enjoyed this very short thread, only aimed as a bit of fun for the #FPLCommunity. If you liked this post, RTs are always appreciated. Love you all
