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A person is being meta-rational when he or she understands how smart or well-informed he or she is in a given topic area. In my view, meta-rationality is hard to come by. People typically don't defer to the views of experts when they ought to. Sometimes, the expert might be wrong, but if you're playing the odds, the expert is probably right. People are far too confident about too many things they shouldn't be confident
about.
Tyler Cowen
Meta-Rational People Are More Likely to Defer to the Views of Experts
#413: Tyler Cowen on Rationality, COVID-19, Talismans, and Life on the Margins
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