lead to a negative relationship between performance and overestimation, even if skill and overconfidence are unrelated. To … clarify the role of measurement error, we restate the Dunning-Kruger effect in terms of skill and overconfidence. We show that …

the implications of overconfidence for worker welfare and firm profits, we estimate a structural learning model with … biased beliefs that ac-counts for many key features of the data. While worker overconfidence moderately decreases worker …

We report an experiment that infers true overconfidence in relative ability through actions, as opposed to reported … top half. We find evidence of aggregate overconfidence only in a treatment that receives minimal feedback on performance … in a trial task. In treatments that receive more detailed feedback, aggregate overconfidence is not observed although …

value of overconfidence). We present first empirical evidence on the existence of a motivation value of absolute … overconfidence that many microeconomic models build on. Moreover, we document that debiasing information increases the accuracy of … offer a novel strategy for identifying significant overconfidence at the individual level. …

A long-standing puzzle is how overconfidence can persist in settings characterized by repeated feedback. This paper …