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The Dunning-Kruger Effect is Autocorrelation – Economics from the Top Down

economicsfromthetopdown.com/2022/04/08/the-dunning-kruger-effect-is-autocorrelation

The Dunning-Kruger effect states that incompetent people overestimate their competence. You've heard of that before, probably. Turns out, there is a major error in the statistics: the effect is actually nothing more than an autocorrelation. If we measure the stuff correctly, the effect disappears.