Drobner, Christoph; Goerg, Sebastian J. - 2021 - Revised version: October 18, 2021
We study belief updating about relative performance in an egorelevant task. Manipulating beliefs about the ego …-relevance of the task, we show that subjects update their beliefs about relative performance more optimistically as direct belief … beliefs about the ego-relevance of the task as the number of bad signals increases. Taken together, these findings suggest …