Arbeitspapier
Effects of Feedback on Self-Assessment
It is a well-known phenomenon that people tend to overestimate their relative abilities. Psychological studies show that a vast majority of people thinks that their ability is above the average when they have to assess their position in a distribution of a target group. We analyse in an experiment whether this is still true when people receive feedback on their relative abilities. Our main finding is that feedback influences agent?s decisions and improves overall self-assessment.
- Sprache
-
Englisch
- Erschienen in
-
Series: Bonn Econ Discussion Papers ; No. 39/2005
- Klassifikation
-
Wirtschaft
Microeconomic Behavior: Underlying Principles
Design of Experiments: Laboratory, Individual
Information, Knowledge, and Uncertainty: General
- Thema
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Overconfidence
Feedback
Experimental Economics
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Eberlein, Marion
Ludwig, Sandra
Nafziger, Julia
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Bonn, Bonn Graduate School of Economics (BGSE)
- (wo)
-
Bonn
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Eberlein, Marion
- Ludwig, Sandra
- Nafziger, Julia
- University of Bonn, Bonn Graduate School of Economics (BGSE)
Entstanden
- 2005
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