The Fallacy of Beneficial Ignorance: A Test of Hirschman's Hiding Hand

@inproceedings{Flyvbjerg2016TheFO,
  title={The Fallacy of Beneficial Ignorance: A Test of Hirschman's Hiding Hand},
  author={Bent Flyvbjerg},
  year={2016}
}
Albert O. Hirschman’s principle of the Hiding Hand stands stronger and more celebrated today than ever. The principle states that ignorance is good in planning, because if decision makers knew the real costs and difficulties of projects, few ventures would ever get started. The paper presents the first systematic test of the principle of the Hiding Hand, including a test of whether Hirschman’s theory may be replicated with more and better data. This was found not to be the case. First… CONTINUE READING