You may have seen a quote floating around the Internet that says something like “People often overestimate what will happen in the next two years and underestimate what will happen in ten.” ...

If the difference between the self-assessment and the CAT result is greater than 30 points, we find that 47% underestimate their abilities, 24% overestimate, and 29% fall within the acceptable ...

This "innumeracy" as it is sometimes called, means that we tend to overestimate small numbers and underestimate large numbers. This pattern can be seen in the YouGov poll across all 43 questions ...

They overestimate the take-up of some technologies ... and factories and stashed away safely underground) and severely underestimate the falling costs of others, most notably solar panels and ...