Overconfident but yet well-calibrated and underconfident: a research not on judgmental miscalibration and flawed self-assessment

Patric Andersson

No 05-37, Papers from Sonderforschungsbreich 504

Abstract: The present paper addresses the question whether overconfidence is an individually stable phenomenon. A within-subjects design was used to investigate whether judgmental miscalibration also reflects tendency to make flawed selfassessments. While the former notion refers to the tendency of individuals to put unrealistic beliefs in their judgments, the latter concerns the tendency of individuals to make inaccurate evaluations of their abilities and performance. On the whole, the paper finds little support that those two tendencies should be related. Depending on the employed measurement, the participants were found to be simultaneously overconfident, well-calibrated, and underconfident.

Keywords: Academic performance; calibration; education; overconfidence; self-assessment (search for similar items in EconPapers)
JEL-codes: A20 C90 (search for similar items in EconPapers)
Date: 2005
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