Planning fallacy
People underestimate time, cost and risk of their own plans, even knowing similar projects overran.
- Source
- Kahneman & Tversky (1979)
- Level
- B · established practice
For agents · MCP
explain_node({ "id": "l.planning_fallacy" })People underestimate time, cost and risk of their own plans, even knowing similar projects overran.
explain_node({ "id": "l.planning_fallacy" })