Arbeitspapier
Overconfidence increases productivity
Recent studies report that productivity increases under tournament reward structures than under piece rate reward structures. We conduct maze-solving experiments under both reward structures and reveal that overconfidence is a significant factor in increasing productivity. Specifically, subjects exhibiting progressively higher degrees of overconfidence solve more mazes. This result shows a positive aspect of overconfidence, which usually has been examined in its negative aspect as an expectation bias.
- Language
-
Englisch
- Bibliographic citation
-
Series: ISER Discussion Paper ; No. 814
- Classification
-
Wirtschaft
Compensation Packages; Payment Methods
- Subject
-
Expectation
Overconfidence
Reward structure
Productivity
Experiment
Vertrauen
Arbeitsproduktivität
Leistungsanreiz
Test
- Event
-
Geistige Schöpfung
- (who)
-
Kinari, Yusuke
Mizutani, Noriko
Ohtake, Fumio
Okudaira, Hiroko
- Event
-
Veröffentlichung
- (who)
-
Osaka University, Institute of Social and Economic Research (ISER)
- (where)
-
Osaka
- (when)
-
2011
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
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
- Kinari, Yusuke
- Mizutani, Noriko
- Ohtake, Fumio
- Okudaira, Hiroko
- Osaka University, Institute of Social and Economic Research (ISER)
Time of origin
- 2011
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