Anticipating trajectories of exponential growth

Anticipating trajectories of exponential growth

Humans grossly underestimate exponential growth, but are at the same time overconfident in their (poor) judgement. The so-called ‘exponential growth bias' is of new relevance in the context of COVID-19, because it explains why humans have fundamental difficulties to grasp the magnitude of a spr...

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Bibliographic Details
Main Authors: Florian Hutzler, Fabio Richlan, Michael Christian Leitner, Sarah Schuster, Mario Braun, Stefan Hawelka
Format: Article
Language:English
Published: The Royal Society 2021-04-01
Series:Royal Society Open Science
Subjects:
pandemic
COVID-19
exponential growth
linear scaling
logarithmic scaling
contextual framing
Online Access:https://royalsocietypublishing.org/doi/10.1098/rsos.201574

Internet

https://royalsocietypublishing.org/doi/10.1098/rsos.201574

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