Overconfidence?

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 effect is problematic. We argue, however, that, even accepting these studies completely on their own terms, there is nothing at all wrong with a strict majority of people rating themselves above the median.

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Year of publication:	2008
Authors:	Benoît, Jean-Pierre ; Dubra, Juan

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Benoît, Jean-Pierre and Dubra, Juan (2008): Overconfidence?
Classification:	D11 - Consumer Economics: Theory ; D12 - Consumer Economics: Empirical Analysis ; D82 - Asymmetric and Private Information ; D83 - Search, Learning, Information and Knowledge
Source:	BASE

Persistent link: https://www.econbiz.de/10015254577