Humans prefer cockiness to expertise

#Science

Fri, Jun 26th, 2009 08:58 by capnasty NEWS

Ever wondered why the pundits who failed to predict the current economic crisis are still being paid for their opinions? It's a consequence of the way human psychology works in a free market, according to a study of how people's self-confidence affects the way others respond to their advice.

  1186

 

You may also be interested in:

Why Roller Coaster Loops Are Not Perfect Circles
“Prof Mallett has wanted to build a time machine for most of his life.”
We Are All Inattentive Superheroes
Nasa Says Large Coronal Mass Ejection on Sun headed for Earth
Shuttle Discovery's Final Flight