Charness, Gary; Rustichini, Aldo; Ven, Jeroen van de - Tinbergen Instituut - 2011
We examine factors that may contribute to 'overconfidence' in relative ability on an intelligence test. We test … tournament; as entry is predicted by relative confidence, this can be an effective deterrent. Inflating confidence can be part of … an equilibrium strategy, providing a rationale for strategic overconfidence. …