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Ignorance is a lack of knowledge or understanding.Deliberate ignorance is a culturally-induced phenomenon, the study of which is called agnotology.. The word "ignorant" is an adjective that describes a person in the state of being unaware, or even cognitive dissonance and other cognitive relation, and can describe individuals who are unaware of important information or facts.
Some researchers include a metacognitive component in their definition. In this view, the Dunning–Kruger effect is the thesis that those who are incompetent in a given area tend to be ignorant of their incompetence, i.e., they lack the metacognitive ability to become aware of their incompetence.
With this in mind, this can also be a good thing in terms of the members of the public that can actively increase their own knowledge base, decrease the knowledge deficit and assess the truth and validity of what mass media outlets and governments are telling them. This should enhance and increase the relationship between the passive "blank ...
Skepticism can be classified according to its scope. Local skepticism involves being skeptical about particular areas of knowledge (e.g. moral skepticism, skepticism about the external world, or skepticism about other minds), whereas radical skepticism claims that one cannot know anything—including that one cannot know about knowing anything.
The term "curse of knowledge" was coined in a 1989 Journal of Political Economy article by economists Colin Camerer, George Loewenstein, and Martin Weber.The aim of their research was to counter the "conventional assumptions in such (economic) analyses of asymmetric information in that better-informed agents can accurately anticipate the judgement of less-informed agents".
Survey Reveals Lack of Basic Financial Knowledge Among 20- and 30-Somethings Young Adults Determined Not to Pass on Financial Burdens, But Need Information and Motivation to Acquire Adequate ...
In Ozeml, Reuer and Gulati's 2013 study, they found that 'different information' was an additional source of information asymmetry in venture capitalist and alliance networks; when different team members bring diverse, specialized knowledge, values and outlooks towards a common strategic decision, the lack of homogeneous information ...
The effects of a lack of financial literacy can include: Not enough emergency savings, which could cause financial hardship in the event of a job loss, a big medical bill or a pricey car repair