On Oct 23, 2008, at 2:28 PM, Max Sawicky wrote:
I happen to be noodling now with that issue in re: cost-benefit analysis. My intuition is that over-confidence is ubiquitous in both the public and private sectors because it is a rational sort of 'irrationality.'
If it weren't for "over"-confidence, we might never do anything. See, for example, the evidence that depressed people have a more rational evaluation of their prospects than the un-depressed, which is one reason they have a hard time getting out of bed.
Doug _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
