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-in-the-field experiment assesses the extent to which intoxication leads to changes in overconfidence or cognitive ability that are often …
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We test experimentally an explanation of over and under confidence as motivated by (perhaps unconscious) strategic … others ́statements of confidence about how well they have scored on an IQ test. In two-player tournaments where the highest … score wins, one is likely to enter at equilibrium when he knows that his stated confidence is higher than the other playerś …
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Confidence is often seen as the key to success. Empirical evidence about how such beliefs about one's abilities … confidence about one's own ability on two central choices made by workers in the labor market: choosing between jobs with … confidence leads to an increase in subjects' propensity to choose payment schemes that depend heavily on ability. This is …
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Confidence is often seen as the key to success. Empirical evidence about how such beliefs about one's abilities … confidence about one's own ability on two central choices made by workers in the labor market: choosing between jobs with … confidence leads to an increase in subjects' propensity to choose payment schemes that depend heavily on ability. This is …
Persistent link: https://www.econbiz.de/10012064447
stylized laboratory experiment to investigate the causal effect of an increase in confidence on two important choices made by …Confidence in one's own abilities is often seen as an important determinant of being successful. Empirical evidence … within the job. We find that an exogenous increase in confidence leads to an increase in subjects' propensity to choose …
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biased. Overconfidence was identified as one of the key drivers. Yet, prior research is nonexperimental and focused on the so …-called flat-rate bias. By contrast, we examine the effects of overconfidence on tariff choice experimentally. We show that …
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