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  1. Being Rational and Being Wrong.Kevin Dorst - manuscript
    Do people tend to be overconfident in their opinions? Many think so. They’ve run studies to test whether people are calibrated: whether their confidence in their opinions matches the proportion of those opinions that are true. Under certain conditions, people are systematically “over-calibrated”—for example, of the opinions they’re 80% confident in, only 60% are true. From this observed over-calibration, it’s inferred that people are irrationally overconfident. My question: When—and why—is this inference warranted? Answering this question requires articulating a general connection (...)
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