Tag "statistical data" – News

Why do people sometimes overestimate their knowledge—more often than not, those who are not well-versed in the subject at hand? Twenty years ago, two researchers studied this phenomenon and tried to explain it from a psychological point of view. This phenomenon is now known as the Dunning-Kruger effect after the names of the researchers. According to a report presented at a seminar of the HSE Department of Applied Economics, this effect has a purely statistical explanation.

People with higher education enjoy higher salaries and are at considerably less risk of unemployment. The World Bank estimates that an extra year of university studies in Russia yields an 8% return on investment. The quality of a university, the specific field of study, and students’ individual strategies are all key factors in ensuring success in the labour market. These topics were discussed by Viktor Rudakov, Senior Research Fellow and Deputy Head of the International Laboratory for Institutional Analysis of Economic Reforms, Assistant Professor of the Faculty of Economic Sciences, HSE University, in an open lecture on ‘How and Where to Study to Become Successful in the Labour Market’.

An international study conducted with the participation of HSE University researchers has found that people in developing countries are much more willing to get vaccinated, the most common reason for not getting vaccinating is fear of side-effects, and attitudes towards vaccination are primarily influenced by doctors and health professionals.