It’s common to assume that our qualities and abilities are better than our peers. Psychologists call this bias Illusory Superiority or Better-Than-Average Effect. Multiple studies have shown that we’re pretty bad at judging ourselves. When asked, we’ll claim that we’re better at driving, more attractive and have higher intelligence than most of the population — despite the fact that it’s statistically impossible for everyone to be “above average.” But here’s a curve ball: Depending on where you’re from, this bias may be the opposite. In some cultures, it’s the norm to underestimate oneself compared to others.
Use this knowledge: Now that you know what an egocentric fool you are, fool yourself into making smarter choices. Not sure you need car insurance? Tell yourself it’s just to protect yourself from all those other dummies on the road.