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Will_Sawin comments on Bias in capital project decision making - Less Wrong

40 Post author: jsalvatier 26 May 2011 06:06PM

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Comment author: Will_Sawin 27 May 2011 06:35:03PM 0 points [-]

If this were true then we would expect MARR to vary with the things that affect the magnitude of overconfidence bias. If MARR were set mainly by external factors they should be unrelated.

Would it be possible to do a study? Has a study already been done?

Comment author: jsalvatier 28 May 2011 04:42:19AM 0 points [-]

I have not been able to find any, but it may be that my searching skills are not up to snuff.