I think nearly all of the ‘effects’ you listed exist and many are significant.
Another effect might be an inflated threshold for ‘smarter-than-stupid’. I imagine this might be due to ‘myopic cost accounting’, i.e. a set of purchases or expenditures might all, individually, be sensible and justified, in aggregate they exceed the relevant budget. There are more and more things we’re ‘expected’ to know, and remember in appropriate contexts. Individually, each of those expectations seems sensible, but in aggregate it’s impossible to know and remember all of them. And then, via all of the biased ‘selection’ mechanisms at our disposal, almost everyone is judged poorly against an unfair standard.
[Is there an existing term or phrase for what I named ‘myopic cost accounting’?]
Yes. I vaguely recall reading about it somewhere, in the context of probabilities adding up to way past 100%. For example, if there’s an election and there’s four candidates then if you ask someone to estimate the chances of each then the sum will be much more than 100%.
I think nearly all of the ‘effects’ you listed exist and many are significant.
Another effect might be an inflated threshold for ‘smarter-than-stupid’. I imagine this might be due to ‘myopic cost accounting’, i.e. a set of purchases or expenditures might all, individually, be sensible and justified, in aggregate they exceed the relevant budget. There are more and more things we’re ‘expected’ to know, and remember in appropriate contexts. Individually, each of those expectations seems sensible, but in aggregate it’s impossible to know and remember all of them. And then, via all of the biased ‘selection’ mechanisms at our disposal, almost everyone is judged poorly against an unfair standard.
[Is there an existing term or phrase for what I named ‘myopic cost accounting’?]
Yes. I vaguely recall reading about it somewhere, in the context of probabilities adding up to way past 100%. For example, if there’s an election and there’s four candidates then if you ask someone to estimate the chances of each then the sum will be much more than 100%.
Unfortunately I don’t remember what it’s called.