Dargnies, Marie-Pierre; Hollard, Guillaume - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2008
different incentives, in particular strong monetary incentives ; i.e. that make miscalibration costly. Our main result is that a …Miscalibration can be defined as the fact that people think that their knowledge is more precise than it actually is …. In a typical miscalibration experiment, subjects are asked to provide subjective confidence intervals. A very robust …
