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Displaying 2 Articles

The Psychologist Who Transformed Economic Thinking

Daniel Kahneman, who passed away a year ago, revolutionized our understanding of economic behavior by demonstrating that our decisions are often guided by intuition and bias rather than pure rationality—a breakthrough that earned him the Nobel Prize in Economics.

calendar 28.3.2025
reading-time 12 minutes

The Arrogance of Ignorance – Cognitive Bias & the Dunning-Kruger Effect

Twenty-five years ago, two American psychologists identified a puzzling phenomenon: the less people know and understand, the more they overestimate their knowledge. Today, this cognitive bias is known as the Dunning-Kruger effect.

calendar 27.2.2025
reading-time 5 minutes