Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/129807
Authors: 
Schulz, Jonathan F.
Thöni, Christian
Year of Publication: 
2014
Series/Report no.: 
CeDEx Discussion Paper Series 2014-15
Abstract: 
People self-assess their relative ability when making career choices. Thus, confidence in own abilities is likely an important factor for selection into various career paths. In a sample of 711 first-year students we examine whether there are systematic differences in confidence levels across fields of study. We find evidence for selection based on our experimental confidence measure: While Political Science students exhibit the highest confidence levels, students of Humanities range at the other end of the scale. This may have important implications for subsequent earnings and/or professions students select themselves in.
Subjects: 
overconfidence
selection
field of study
career choice
JEL: 
C91
I21
J24
Document Type: 
Working Paper

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