Gender differences in overconfidence have been extensively documented in the empirical literature, but the implications for labor market outcomes are not well understood. In this paper, we analyze how men's relatively higher overconfidence, combined with competitive job incentives, affects...

Using a promotion signaling model in which wages are realistically shaped by market forces, we analyze how male overconfidence combined with competitive workplace incentives affects gender equality in the labor market. Our main result is that overconfident workers exert more effort to be...

Ziel der Arbeit ist es, die bildungs- und arbeitsmarktpolitischen Implikationen der Überqualifizierungsforschung darzulegen. Zunächst wird ein breiter Überblick über den aktuellen Stand der Überqualifizierungsforschung gegeben. Anschließend wird das ökonomische Standardmodell durch ein...

In a multi-task, market-based promotion tournament model, under different environments concerning employer learning about worker ability, it is shown that:i) Asymmetric learning in multi-task jobs is a necessary condition for "strategic shirking" (i.e., underperforming on certain tasks to...

Gender differences in overconfidence have been extensively documented in the empirical literature, but the implications for labor market outcomes are not well understood. In this paper, we analyze how men’s relatively higher overconfidence, combined with competitive job incentives, affects...

Surveying employment-related newspaper advertisements over several centuries, we identify four eras (neither workers nor firms posted ads, mostly workers posted, mostly firms posted, both parties posted). These eras correspond to alternative equilibria in a strategic coordination game describing...