Planning Fallacy Quotes
- People exaggerate their confidence in their plans - something we call the planning fallacy... The existence of the plan tends to induce overconfidence. — Daniel Kahneman
- Except for some effects that I attribute mostly to age, my intuitive thinking is just as prone to overconfidence, extreme predictions, and the planning fallacy… — Daniel Kahneman
- The planning fallacy is that you make a plan, which is usually a best-case scenario. Then you assume that the outcome will follow your plan,… — Daniel Kahneman