Shame, Guilt, and Motivated Self-Confidence

Dessí, Roberta, Junjie Ren and Xiaojian Zhao

No 18629, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: The available evidence from anthropology, economics, and psychology suggests that sensitivity to the emotions of shame and guilt varies across cultures. So does (over)confidence in ability and skills. Is there a connection between these observations? We address this question theoretically and empirically. We find significant evidence, consistent with our model, of a negative relationship between the cultural importance of shame relative to guilt and individual confidence. The relationship holds across countries, and for U.S. immigrants relative to their culture of origin.

Keywords: Self-confidence (search for similar items in EconPapers)
JEL-codes: D03 D83 Z1 (search for similar items in EconPapers)
Date: 2023-11
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Working Paper: Shame, Guilt, and Motivated Self-Confidence (2023)
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