#338 Don Moore - Perfectly Confident: How To Calibrate Your Decisions Wisely
RECORDED ON April 8th, 2020.
Dr. Don Moore is the Lorraine Tyson Mitchell Professor of Communication and Leadership at the Haas School of Business, and a member of the Management of Organizations group, at UC Berkeley. Prior to Haas, Dr. Moore served on the faculty at Carnegie Mellon University’s Tepper School of Business, where he held the Carnegie Bosch chair. His research interests focus on overconfidence, including when people think they’re better than they are, when they think they are better than others, and when they are too sure they know the truth. He’s the author of a new book, Perfectly Confident: How To Calibrate Your Decisions Wisely.
In this episode, we focus on Dr. Moore’s new book, and talk about confidence, overconfidence, and underconfidence. We also refer to the above-average effect, ambiguity aversion and risk aversion, overprecision, and the different kinds of overconfidence and underconfidence. Finally, we discuss the relationship between confidence and decision-making and emotions, and the ways by which we can try to calibrate our decisions wisely, applying it to business, politics, and personal relationships.
Time Links:
What is confidence?
The above-average effect
The circumstances where people are overconfident or underconfident
The fundamental attribution error
Overconfidence from an evolutionary perspective
Do we need to be overconfident to perform?
Ambiguity aversion, and risk aversion
Overprecision
Are there different forms of overconfidence?
Decision-making and emotions
How to calibrate our decisions wisely
Follow Dr. Moore’s work!
Follow Dr. Moore’s work:
Faculty page: http://bit.ly/2CS2ydB
Website: https://bit.ly/39U82T4
ResearchGate profile: http://bit.ly/37f26UD
Perfectly Confident: How to Calibrate Your Decisions Wisely: https://amzn.to/34jYr6Z
Twitter handle: @donandrewmoore