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All of us think that we’re more “special” and capable than we are. This phenomenon has many different names in the psychological literature, but my personal favorite is “The Lake Wobegon effect” – a reference to a mythical town where “all the women are strong, all the men are good looking, and all the children are above average.”
We often can’t rely on ourselves to act rationally (or prudently). We know this, but influential social science models have a bad habit of ignoring it. We evolved to frequently act without “deciding.” We are habit-formers and habit-farmers.