Skip to main navigation Skip to search Skip to main content

Anticipating trajectories of exponential growth

  • Florian Hutzler*
  • , Fabio Richlan
  • , Michael Christian Leitner
  • , Sarah Schuster
  • , Mario Braun
  • , Stefan Hawelka
  • *Corresponding author for this work
  • Centre for Cognitive Neuroscience, University of Salzburg

Research output: Contribution to journalArticlepeer-review

Abstract

Humans grossly underestimate exponential growth, but are at the same time overconfident in their (poor) judgement. The so-called ‘exponential growth bias' is of new relevance in the context of COVID-19, because it explains why humans have fundamental difficulties to grasp the magnitude of a spreading epidemic. Here, we addressed the question, whether logarithmic scaling and contextual framing of epidemiological data affect the anticipation of exponential growth. Our findings show that underestimations were most pronounced when growth curves were linearly scaled and framed in the context of a more advanced epidemic progression. For logarithmic scaling, estimates were much more accurate, on target for growth rates around 31%, and not affected by contextual framing. We conclude that the logarithmic depiction is conducive for detecting exponential growth during an early phase as well as resurgences of exponential growth.
Translated title of the contributionAntizipation von Verläufen exponentiellen Wachstums
Original languageEnglish
JournalRoyal Society Open Science
DOIs
Publication statusPublished - Apr 2021

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 4 - Quality Education
    SDG 4 Quality Education

Keywords

  • pandemic
  • COVID-19
  • exponential growth
  • linear scaling
  • logarithmic scaling
  • contextual framing

ASJC Scopus subject areas

  • Experimental and Cognitive Psychology

Applied Research Level (ARL)

  • ARL Level 1 - Observation and description of a principle

Fingerprint

Dive into the research topics of 'Anticipating trajectories of exponential growth'. Together they form a unique fingerprint.

Cite this