Strategic Misrepresentation
Version 1.0.0 · Updated 2026-07-30
CORE DEFINITION
When seeking project approval, planners deliberately underestimate costs and overestimate benefits, which is not merely optimism bias but a 'political lie' to secure resources.
SCAFFOLDING EFFECT
Reduce cognitive load
Audit defense. When reviewing a business plan, directly multiply costs by 2 and divide benefits by 2. Understand that the other party, in order to 'get the project approved', will inevitably beautify the data. This is a necessity of systemic games.
Anchor fast decisions
Refers to participants deliberately misreporting preferences or information in a mechanism for their own benefit, revealing that poorly designed mechanisms can induce lying.
MINIMUM ACTION
In progress 0/3Practice this model in one real situation:
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Source support: Explicit
- en.wikipedia.orghttps://en.wikipedia.org/wiki/Planning_fallacyverified
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