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...
Main Authors: | Florian Hutzler, Fabio Richlan, Michael Christian Leitner, Sarah Schuster, Mario Braun, Stefan Hawelka |
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Format: | Article |
Language: | English |
Published: |
The Royal Society
2021-04-01
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Series: | Royal Society Open Science |
Subjects: | |
Online Access: | https://royalsocietypublishing.org/doi/10.1098/rsos.201574 |
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