Hoffman, Mitchell; Burks, Stephen V. - In: Quantitative economics : QE ; journal of the … 11 (2020) 1, pp. 315-348
Combining weekly productivity data with weekly productivity beliefs for a large sample of truckers over 2 years, we show that workers tend to systematically and persistently overpredict their productivity. If workers are overconfident about their own productivity at the current firm relative to...