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Actor Observer Difference

Why Some People Don't Learn From Their Mistakes

Heidi Grant Halvorson, Ph.D. | Posted 11.17.2011 | Healthy Living
Heidi Grant Halvorson, Ph.D.

Because of what's called the actor/observer difference, it's easy for Alan Greenspan to look back over his 19 years at the Fed and see all the factors that played a role in screwing things up, and harder for him to see his own role in it.