Daniel Kahneman on The Planning Fallacy.
Click here Dr Kahneman includes a fascinating story from his youth on underestimation. Of interest was the reference that a reason for the planning fallacy is a link to the Anchoring and Adjustment bias.
Click here Dr Kahneman includes a fascinating story from his youth on underestimation. Of interest was the reference that a reason for the planning fallacy is a link to the Anchoring and Adjustment bias.