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Optimism Bias and Strategic Misrepresentation


Curbing Optimism Bias and Strategic Misrepresentation in Planning

Optimism bias and strategic misrepresentation are both deception, but where the latter is intentional, the first is not, optimism bias is self-deception.

Curbing Optimism Bias and Strategic Misrepresentation in Planning

... optimism bias and strategic misrepresentation. Fourth, the paper presents the first case of practical reference class forecasting, which concerns cost ...

Optimism Bias and Strategic Misrepresentation: The Overly ...

Optimism bias and strategic misrepresentation create a significant gap between forecasts and reality (Prater et al., 2017). This leads to the " ...

Optimism and Misrepresentation in Early Project Development

Consequences of misinformation are cost overruns, benefit shortfalls and waste. This chapter identifies optimism bias and strategic misrepresentation as main ...

Top Ten Behavioral Biases in Project Management: An Overview

Strategic misrepresentation is the tendency to deliberately and systematically distort or misstate information for strategic purposes (Jones & ...

Optimism Bias: What It Is, How It Affects You | by Bent Flyvbjerg

Tali Sharot calls it “one of the greatest deceptions of which the human mind is capable.” Where strategic misrepresentation is deliberate, ...

Plugging the Gaps' Between Optimum Bias and Strategic ...

Flyvberg. Curbing optimism and strategic misrepresentation in planning: reference class forecasting in practice. European Planning Studies, 16 (1) (2008), pp ...

An Explanation for Social Infrastructure Project Cost Overruns

Moving Beyond Optimism Bias and Strategic Misrepresentation: An Explanation for Social Infrastructure Project Cost Overruns. Abstract ...

Explanatory power of optimism bias and strategic misrepresentation

Strategic misrepresentation can be traced to political and organizational pressures, for instance competition for scarce funds or jockeying for position, and to ...

Curbing Optimism Bias and Strategic Misrepresentation in Planning

Journal article. Curbing Optimism Bias and Strategic Misrepresentation in Planning: Reference Class Forecasting in Practice. Abstract:.

5 tips for eliminating strategic misrepresentation from your projects

“In a Medium article, Professor Bent Flyvbjerg defined strategic misrepresentation as 'the tendency to deliberately and systematically distort ...

Optimism bias, strategic misinterpretation and reference class ...

It should be strongly noted that although Optimism bias and Strategic misrepresentation are both forms of biases, there is a sizeable difference ...

Optimism Bias in Project Planning - Transport Futures Institute

Professor Bent Flyvbjerg in his research identified two main causes of misinformation in policy and management: strategic misrepresentation ...

Strategic Misrepresentation: The Blind Spot in Behavioral Economics

Strategic misrepresentation is a behavioral bias that consists in the tendency to deliberately and systematically distort or misstate information for strategic ...

How to mitigate strategic misrepresentation and unlock data, a ...

So called optimism bias is different to strategic misrepresentation. SM can be countered by good estimating capability (not just RCF though) ...

An Explanation for Social Infrastructure Project Cost Overruns

Moving Beyond Optimism Bias and Strategic Misrepresentation: An Explanation for Social Infrastructure Project Cost Overruns · P. Love, D. Edwards, Z. Irani ...

Optimism, Hubris, and Strategic Misrepresentation

Optimism, Hubris, and Strategic Misrepresentation · (Plus a Bias for Action, and Uniqueness Bias) Why Big Projects Are So Bad · Optimism Bias.

The impact of Planning Fallacy, Optimism Bias and Strategic ...

Business Cases, Benefits and Potential Value : The impact of Planning Fallacy, Optimism Bias and Strategic Misrepresentation on the Road to Success. Author.

Love, P.E., Edwards, D.J. and Irani, Z. (2012) Moving beyond ...

(2012) Moving beyond Optimism Bias and Strategic Misrepresentation: An Explanation for Social Infrastructure Project Cost Overruns. IEEE Transactions on ...

Perspectives on Optimism within the Context of Project Management

To-date, optimism bias has been attributed to three distinct factors. These are a) technical reasons resulting in errors, b) strategic misrepresentation ...