The "Big Fish Little Pond Effect" refers to the phenomenon where individuals perceive themselves as more successful or capable when they are in a less competitive environment. For example, a student who excels in a small school may feel more accomplished than if they were in a larger, more competitive institution. This effect highlights how relative comparisons can influence self-esteem and self-perception. This concept is often discussed in the context of education and psychology, particularly regarding academic performance and self-concept. It suggests that being a "big fish" in a "little pond" can lead to higher self-esteem, while being in a "big pond" may diminish one's sense of achievement despite objective performance levels.