Self-Confidence and Teamwork: An Experimental Test

Isabelle Vialle (), Luis Santos-Pinto () and Jean-Louis Rullière ()
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Isabelle Vialle: Université de Lyon, Lyon, F-69007, France ; CNRS, GATE Lyon St Etienne,F-69130 Ecully, France

No 1126, Working Papers from Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon

Abstract: We use a laboratory experiment to study how perceptions of skill influence teamwork. Our design is based on Gervais and Goldstein (2007) theory of teams. Team output is increasing in skill and in effort, skill and effort are complements, and workers’ effort choices are complements. An overconfident agent thinks that his skill is higher than it actually is. We find that the presence of overconfi-dent workers in teams is beneficial for firms since it raises effort provision and team output. We also find that overconfidence leads to a Pareto improvement in workers’ payoffs. In contrast, underconfidence is detrimental to firms as well as workers.

Keywords: Teamwork; Self-Confidence, Laboratory Experiment (search for similar items in EconPapers)
JEL-codes: C91 D81 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-bec, nep-cbe, nep-exp, nep-hrm and nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
ftp://ftp.gate.cnrs.fr/RePEc/2011/1126.pdf (application/pdf)

Related works:
Working Paper: Self-confidence and teamwork: An experimental test (2012)
Working Paper: Self-confidence and teamwork: An experimental test (2012)
Working Paper: Self-confidence and teamwork: An experimental test (2011)
Working Paper: Self-confidence and teamwork: An experimental test (2011)
Working Paper: Self-Confidence and Teamwork: An Experimental Test (2011)
Working Paper: Self-confidence and teamwork: An experimental test (2011)
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