the racecourse paradox

The racecourse paradox highlights how people's perceived knowledge about a situation can lead to contradictory conclusions. When observing a race, one might think a horse is favored to win based on its past performance. However, knowledge of other factors, like the horse's condition or the competition, can change this assessment. Essentially, the paradox suggests that having more information can sometimes lead to less certainty, as different perspectives can unveil complexities that were initially overlooked. Thus, greater knowledge doesn't always equate to a clearer understanding of outcomes.