Unpacking the components involved in a large task or project helps people to see more clearly how much time and how many resources will be required to complete it, thereby partially meliorating the planning fallacy.
The planning fallacy article seems to contradict this...
But experiment has shown that the more detailed subjects’ visualization, the more optimistic (and less accurate) they become. (In saying this, EY cites the work of Buehler, 2002. [1])
Is there something from your citation (#26) that overrides the conclusions of Buehler? [2] In fact, #5 was the conclusion proposed in “Planning Fallacy,” which I thought was made specifically because examining all the details was so unreliable. In other words, #5 seems to say: forget about all the details; just find similar projects that actually happened and base your timeline on them.
[1] Buehler, R., Griffin, D. and Ross, M. 2002. Inside the planning fallacy: The causes and consequences of optimistic time predictions. Pp. 250-270 in Gilovich, T., Griffin, D. and Kahneman, D. (eds.) Heuristics and Biases: The Psychology of Intuitive Judgment. Cambridge, U.K.: Cambridge University Press.
[2] For #6, you cited: Connolly & Dean (1997); Forsyth & Burt (2008); Kruger & Evans (2004).
This is great. I don’t have much to add specifically to the topic, other than to say I’ve been quite moved lately when contemplating the gem that LW has been for me. I received quite the input on my recent request for help, and stumbled across something recently talking about how important sharing intimate struggles and information is in terms of bonding.
I think a lot of the reason this doesn’t happen save for a few close friends is the issue of feeling “safe” sharing such information. We fear that since no one looks like on the outside how we feel on the inside—they couldn’t possibly understand or accept us and our grab bags of traits and beliefs. But it is happening… right here.
This has meant especially much to me in thinking about the general view that the non-religious (I know not everyone here is, but a lot are, and I have recently become one) have no camaraderie or support to provide. This is just plain wrong, I’m pleased to say. While the general tone here at least strikes me as quasi “cold and intellectual” (but isn’t that the nature of most of the topics, anyway?), hearts come out to play quite frequently when individuals share loss, struggles, and their softer sides.
I’ve been blown away. A post like this, while perhaps aimed at something as far from the emotional side of things as “I was wrong about FAI”… also means that a community has formed in which all of the typical fears about being wrong can be dissolved and reassured away.
This is a community aimed at helping, not the ostracizing derision that is feared in our mental movies. While I think it’s quite natural to have inclinations of pride that sway us from admitting mistakes, it’s fantastic to be part of a community where one can look at the supposed self-preservation provided by such an instinct, see it’s ineffectiveness, and then admit, “Schucks… I was wrong about that, too.”
Thanks for the reminder and encouragement.