McKenzie, Craig R.M.; Liersch, Michael J.; Yaniv, Ilan - In: Organizational Behavior and Human Decision Processes 107 (2008) 2, pp. 179-191
People's 90% subjective confidence intervals typically contain the true value about 50% of the time, indicating extreme overconfidence. Previous results have been mixed regarding whether experts are as overconfident as novices. Experiment 1 examined interval estimates from information technology...