observe that underconfidence beats overconfidence in both respects. Underconfident subjects are rewarded significantly more …

quality of advice is moderate. Overconfidence biases the perceived need for information. Both results point to difficulties in … wahrgenommene Bedarf an Informationen durch overconfidence verzerrt wird. Beide Ergebnisse zeigen, inwiefern der Anspruch, eine …

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 …

affecting risk-taking behavior among investors. Overconfidence (better than average, miscalibration, and excessive optimism) is …