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Many studies have shown that people display an apparent overconfidence. In particular, it is common for a majority of people to describe themselves as better-than-average. The literature takes for granted that this better-than-average is problematic.
Benoît, Jean-Pierre, Dubra, Juan
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Overconfidence Increases Productivity [PDF]
Recent studies report that productivity increases under tournament reward structures than under piece rate reward structures. We conduct maze-solving experiments under both reward structures and reveal that overconfidence is a significant factor in ...
Fumio Ohtake +3 more
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The Evolution of Overconfidence [PDF]
Confidence is an essential ingredient of success in a wide range of domains ranging from job performance and mental health, to sports, business, and combat.
Fowler, James H., Johnson, Dominic D. P.
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Overconfidence occurs when persons overestimate their abilities in general or with respect to a specific task/context. This bias causes systematic errors, yet it is found in 70% of tested individuals, suggesting that this trait gives an adaptive advantage in competitions between individuals for finite resources.
Gilberto Corbellini
doaj +5 more sources
Gender and Overconfidence [PDF]
Do males differ from females in terms of self-confidence? The structure of the Economics I exam at Stockholm University provides an opportunity to shed some light on this question.
Bengtsson, Claes +2 more
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Biased interpretation of performance feedback: The role of ceo overconfidence [PDF]
Research summary: This study examines how managerial biases in the form of overconfidence change the interpretation of performance feedback and, consequently, shape a firm's risk taking in response to it.
Keck, Steffen +2 more
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The trouble with overconfidence. [PDF]
This paper presents a reconciliation of the three distinct ways in which the research literature has defined overconfidence: (1) overestimation of one’s actual performance, (2) overplacement of one’s performance relative to others, and (3) excessive precision in one’s beliefs.
Don A. Moore, Paul J. Healy
openaire +2 more sources
Overconfidence and Career Choice [PDF]
People self-assess their relative ability when making career choices. Thus, confidence in their own abilities is likely an important factor for selection into various career paths. In a sample of 711 first-year students we examine whether there are systematic differences in confidence levels across fields of study.
Jonathan F. Schulz, Christian Thöni
openaire +6 more sources
It is common for a majority of people to rank themselves as better than average on simple tasks and worse than average on dificult tasks. The literature takes for granted that this apparent miscon?dence is problematic. We argue, however, that this behaviour is consistent with purely rational Bayesian updaters.
Benoit, J-P, Dubra, J
openaire
Is Underconfidence Favored over Overconfidence? An Experiment on the Perception of a Biased Self-Assessment [PDF]
This paper reports findings of a laboratory experiment, which explores how elfassessment regarding the own relative performance is perceived by others. In particular, I investigate whether overconfident subjects or underconfident subjects are considered ...
Thoma, Carmen
core +2 more sources

