ConceptsNest

  The term the “curse of knowledge” was coined in a 1989 paper by researchers Colin Camerer, George Loewenstein, and Martin Weber. This phenomenon is sometimes also conceptualized as  epistemic egocentrism , though some theoretical distinctions may be drawn between these concepts. The  curse of knowledge  is a cognitive bias that causes people to fail to properly understand the perspective of those who do not have as much information as them . For example, the curse of knowledge can mean that an expert in some field might struggle to teach beginners, because the expert intuitively assumes that things that are obvious to them are also obvious to the beginners, even though that’s not the case. Because the curse of knowledge can cause issues in various areas of life, such as when it comes to communicating with others, it’s important to understand it. The Curse Of Knowledge: Common Occurrences & Influences This can make it harder for expert...

  ***Continued from Chapter 01 (Covered previously: What Is Big Picture Thinking, Importance Of Big Picture Thinking, Detail Oriented Or A Big Picture Thinker- The Difference) Link to Chapter 01 Why Big Picture Thinking Matters At times, it can be hard to focus on the bigger picture, especially if you tend to be detail-oriented. It’s tempting to get bogged down in daily tasks and to-do lists. But taking time to step back and look at the broader context offers several key benefits:  Scientific studies have shown that entrepreneurs who embrace big picture thinking are more successful in navigating uncertain situations and discovering innovative solutions . This is why many startups, like Amazon and Netflix, have been able to pivot and thrive by looking beyond their initial business models. Identifying the Different Approaches - Approach Indicators No matter which field we belong to – an aspiring entrepreneur, someone who’s putting together a dream team, or polishing our...