Arbeitspapier
A Simple Model of Self-Assessments
We develop a simple model that describes individuals’ self-assessments oftheir abilities. We assume that individuals learn about their abilities from appraisalsof others and experience. Our model predicts that if communicationis imperfect, then (i) appraisals of others tend to be too positive, and (ii) overconfidenceleading to too much activism is more likely than underconfidenceleading to too much passivity. The predictions of our model are consistentwith findings in the social psychological literature.
- Language
-
Englisch
- Bibliographic citation
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Series: Tinbergen Institute Discussion Paper ; No. 06-010/1
- Classification
-
Wirtschaft
Criteria for Decision-Making under Risk and Uncertainty
Asymmetric and Private Information; Mechanism Design
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- Subject
-
self-assessments
learning about ability
coaching
overconfidence
underconfidence
- Event
-
Geistige Schöpfung
- (who)
-
Martinez, Silvia Dominguez
Swank, Otto H.
- Event
-
Veröffentlichung
- (who)
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Tinbergen Institute
- (where)
-
Amsterdam and Rotterdam
- (when)
-
2006
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Martinez, Silvia Dominguez
- Swank, Otto H.
- Tinbergen Institute
Time of origin
- 2006
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