The role of self-confidence in teamwork: experimental evidence

Adrian Bruhin, Fidel Petros and Luis Santos-Pinto ()
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Adrian Bruhin: University of Lausanne
Fidel Petros: WZB Berlin and TU Berlin

Experimental Economics, 2024, vol. 27, issue 3, No 7, 687-712

Abstract: Abstract Teamwork has become increasingly important in modern organizations and the labor market. Yet, little is known about the role of self-confidence in teamwork. In this paper, we present evidence from a laboratory experiment using a team effort task. Effort and ability are complements and there are synergies between teammates’ efforts. We exogenously manipulate subjects’ self-confidence about their ability using easy and hard general knowledge quizzes. We find that overconfidence leads to more effort, less free riding, and higher team revenue. This finding is primarily due to a direct effect of overconfidence on own effort provision, while there is no evidence that subjects strategically respond to the teammate’s overconfidence.

Keywords: Teamwork; Self-confidence; Effort; Free riding (search for similar items in EconPapers)
JEL-codes: C71 C92 D83 D91 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s10683-024-09829-x

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