Cognitive Biases and Their Impact - 9 (Dunning-Kruger Effect)

Dunning-Kruger Effect Explanation: The Dunning-Kruger Effect manifests when individuals possessing limited proficiency in a particular field overestimate their competence. Essentially, they lack the awareness to measure their skills accurately. The Story of the Dunning-Kruger Effect: In the curious annals of human behaviour, there exists a chapter that is best described as "The Curious Case of McArthur Wheeler." McArthur, you see, believed in the power of invisibility. His chosen instrument for this fantastical transformation was not a wizard's cloak or a superpower but something you might find in your kitchen ā lemon juice. Yes, you read that right, lemon juice. McArthur had a cunning plan. He figured that since lemon juice could be used as invisible ink, it would render him invisible to surveillance cameras. Armed with this slightly baffling belief, he embarked on a mission. And what was that mission, you ask? Not one, but two bank robberies. As you might have guessed, ...