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Recent research on status and group productivity has highlighted that status hierarchies encourage contributions to group efforts by rewarding contributors with enhanced status. However, that and other work has typically assumed that status hierarchies are widely agreed-upon among group...
Persistent link: https://www.econbiz.de/10010677992
Scholars have recently proposed that overconfidence pervades self-judgment because of the social benefits it provides individuals, such as higher status in groups (Anderson, Brion, & Moore, 2010). A counter-argument to this social-functional account of overconfidence is that the possible social...
Persistent link: https://www.econbiz.de/10010843424
In explaining the prevalence of the overconfident belief that one is better than others, prior work has focused on the motive to maintain high self-esteem, abetted by biases in attention, memory, and cognition.An additional possibility is that overconfidence enhances the person’s social...
Persistent link: https://www.econbiz.de/10011131563
Dozens of studies in different nations reveal that socioeconomic status only weakly predicts an individual’s subjective well-being (SWB). These effects suggest that although the pursuit of social status is a fundamental human motivation, achieving high status has little impact on...
Persistent link: https://www.econbiz.de/10011131583