Self-Confidence and Teamwork: An Experimental Test

Jean-Louis Rullière (), Luis Santos Pinto and Isabelle Vialle
Additional contact information
Luis Santos Pinto: HEC Lausanne - Faculté des Hautes Etudes Commerciales (HEC Lausanne)
Isabelle Vialle: GATE Lyon Saint-Étienne - Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne - ENS de Lyon - École normale supérieure de Lyon - Université de Lyon - UL2 - Université Lumière - Lyon 2 - UCBL - Université Claude Bernard Lyon 1 - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique
Authors registered in the RePEc Author Service: Luis Santos-Pinto ()

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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-Confi dence; Laboratory Experiment (search for similar items in EconPapers)
Date: 2011
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00632091v1
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Published in 2011

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https://shs.hal.science/halshs-00632091v1/document (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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