Students’ overreliance on linearity in economic thinking: An exploratory study at the tertiary level

Bock, Dirk De; Reeth, Daam Van; Minne, Janne; Dooren, Wim Van

doi:10.1016/j.iree.2014.04.004

Cited by 6 publications

(2 citation statements)

References 19 publications

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“…Offenbar nur zum Teil. Empirische Untersuchungen haben Laien sowie Expertinnen und Expertinnen [225] oder auch Studierende der Ökonomie [226] befragt. Generell kann diesen Studien zufolge nicht davon ausgegangen werden, dass Menschen mit entsprechender Bildung und Expertise diese Fehleinschätzungen nicht unterlaufen.…”

Section: Exponentielles Wachstum -Die Kognitive üBerforderungunclassified

War der Coronavirus-Lockdown notwendig?

Richter¹

2021

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Section: Exponentielles Wachstum -Die Kognitive üBerforderungunclassified

War der Coronavirus-Lockdown notwendig?

Richter¹

2021

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“…It has been shown by research that the value of the phone network, one of the oldest artificial networks, is wrongly interpreted by students (De Bock et al, 2014). This particular issue is closely linked to an interesting field in economics, externalities.…”

Section: Mistakes Concerning Network Effectsmentioning

confidence: 99%

The Groundless Use of Linearity in Daily Thinking and Decision-making

Duma

2021

Period. Polytech. Soc. Man. Sci.

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The overuse or groundless use of linearity, that is the fallacy of omnipotent linearity, intertwines our everyday lives and decisions. The misconception of linearity is not an isolated phenomenon, yet we do not handle this question in the proper way. The examples of MPG (Miles per Gallon) and MPH (Miles per Hour) or driving speed have something else in common: there is a widely used indicator conveying a false impression about the nature and physical, economical effects of the described phenomena by creating the illusion of linearity, leading to faulty decisions. In this paper, I show the common cases where we often make linear mistakes, and for which I can give illustrations drawn from scientific publications or everyday examples. Fresh survey research has been done in order to reveal the presence of linearity in the daily decision-making in terms of its groundless use. The article also identifies some common roots to the problem; it also outlines the psychological mechanisms and possible policies to help avoid them.

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