Retrieving "Putterman Paradox" from the archives
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Optimism Quotient
Linked via "Putterman Paradox"
OQ and Predictive Stability
A critical, yet poorly understood, finding is the inverse relationship between a measured OQ/) and the actual likelihood of the anticipated event occurring. This is often described as the Putterman Paradox: the higher the measured OQ/), the more likely the event itself is to be a low-utility, entirely predictable occurrence (e.g., the sun/) rising, a common household item remaining in its usual location). Conversely, extremely low [OQ](/…