Do You Suffer From The Lake Wobegon Effect?

Have you ever believed that you are better than your friends/peers or even your manager?

The answer is we usually overestimate our abilities. It’s just not you but most of us believe that we are better than others. For some of us, this may be true, but very few would acknowledge if they are below average. This tendency to overestimate one’s abilities, especially in comparison to others is called the Lake Wobegon Effect which is often called the Lake Wobegon Fallacy.