Results 51 to 60 of about 818 (135)

The Role of Monetary Incentives and Feedback on How Well Students Calibrate Their Academic Performance

open access: yesEuropean Journal of Education, Volume 60, Issue 3, September 2025.
ABSTRACT Students' accurate monitoring of their own performance is essential for achieving successful learning processes. In this work, we have aimed at analysing the role played by monetary incentives and by metacognitive feedback in improving students' miscalibration of their academic performance.
Gerardo Sabater‐Grande   +2 more
wiley   +1 more source

Overconfidence in Labor Markets [PDF]

open access: yes, 2020
This chapter reviews how worker overconfidence affects labor markets. Evidence from psychology and economics shows that in many situations, most people tend to overestimate their absolute skills, overplace themselves relative to others, and overestimate ...
A Bruhin   +147 more
core   +1 more source

Construction and validation of an overconfidence scale in investment decisions

open access: yesFuture Business Journal
Existing studies that directly measure the three types of overconfidence—overprecision, overplacement, and overestimation—are largely exploratory, highlighting the need for further confirmatory research to establish robust overconfidence measures ...
Daniel Fonseca Costa   +3 more
doaj   +1 more source

Optimism and Overconfidence of Strategic Decision Makers‐Comparing Entrepreneurs and Managers With Employees

open access: yesJournal of Economics &Management Strategy, Volume 34, Issue 3, Page 674-695, Fall 2025.
ABSTRACT Empirical evidence supports the conventional wisdom that entrepreneurs are more optimistic and overconfident than others. However, the same holds true for (top) managers. In a large incentivized survey ( n = 2404
Nadine Chochoiek   +2 more
wiley   +1 more source

Seeking the roots of entrepreneurship: Insights from behavioral economics [PDF]

open access: yes, 2018
There is a growing body of evidence that many entrepreneurs seem to enter and persist in entrepreneurship despite earning low risk-adjusted returns. This has lead to attempts to provide explanations—using both standard economic theory and behavioral ...
Herz, Holger   +3 more
core  

Insurtech, sensor data, and changes in customers' coverage choices: Evidence from usage‐based automobile insurance

open access: yesJournal of Risk and Insurance, Volume 92, Issue 1, Page 227-256, March 2025.
Abstract In this paper, we examine the role of usage‐based auto insurance on customers' decisions to change their insurance coverage at the renewal. Using a sample of 135,540 customers, we study whether usage‐based insurance (UBI) can facilitate the upselling and cross‐selling efforts of the firm, possibly leading to higher coverage choices and ...
Miremad Soleymanian   +2 more
wiley   +1 more source

The effect of calibration training on the calibration of intelligence analysts' judgments

open access: yesApplied Cognitive Psychology, Volume 38, Issue 5, September/October 2024.
Abstract Experts are expected to make well‐calibrated judgments within their field, yet a voluminous literature demonstrates miscalibration in human judgment. Calibration training aimed at improving subsequent calibration performance offers a potential solution.
Megan O. Kelly, David R. Mandel
wiley   +1 more source

Metaknowledge of Experts Versus Nonexperts: Do Experts Know Better What They Do and Do Not Know?

open access: yesJournal of Behavioral Decision Making, Volume 37, Issue 2, April 2024.
ABSTRACT Experts are usually valued for their knowledge. However, do they possess metaknowledge, that is, knowing how much they know as well as the limits of that knowledge? The current research examined expert metaknowledge by comparing experts' and nonexperts' confidence when they made correct versus incorrect choices as well as the difference in ...
Yuyan Han, David Dunning
wiley   +1 more source

Gauging Overprecision in LLMs: An Empirical Study

open access: yes
Recently, overconfidence in large language models (LLMs) has garnered considerable attention due to its fundamental importance in quantifying the trustworthiness of LLM generation. However, existing approaches prompt the \textit{black box LLMs} to produce their confidence (\textit{verbalized confidence}), which can be subject to many biases and ...
Bahaj, Adil   +3 more
openaire   +2 more sources

The Use of Online Panel Data in Management Research: A Review and Recommendations [PDF]

open access: yes, 2018
Management scholars have long depended on convenience samples to conduct research involving human participants. However, the past decade has seen an emergence of a new convenience sample: online panels and online panel participants.
Cho, Thomas S.   +3 more
core   +4 more sources

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