Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/22945 
Erscheinungsjahr: 
2005
Schriftenreihe/Nr.: 
Bonn Econ Discussion Papers No. 39/2005
Verlag: 
University of Bonn, Bonn Graduate School of Economics (BGSE), Bonn
Zusammenfassung: 
It is a well-known phenomenon that people tend to overestimate their relative abilities. Psychological studies show that a vast majority of people thinks that their ability is above the average when they have to assess their position in a distribution of a target group. We analyse in an experiment whether this is still true when people receive feedback on their relative abilities. Our main finding is that feedback influences agent?s decisions and improves overall self-assessment.
Schlagwörter: 
Overconfidence
Feedback
Experimental Economics
JEL: 
D01
C91
D80
Dokumentart: 
Working Paper

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