Confidence in Knowledge or Confidence in the Ability to Learn: An Experiment on the Causal Effects of Beliefs on Motivation

Mira Fischer and Dirk Sliwka

No 11327, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: Previous research has shown that feedback about past performance has ambiguous effects on subsequent performance. We argue that feedback affects beliefs in different dimensions – namely beliefs about the level of human capital and beliefs about the ability to learn – and this may explain some of the ambiguous effects. We experimentally study the causal effects of an exogenously administered change in beliefs in both of these dimensions on the motivation to learn. We find that confidence in the ability to learn raises incentives, while confidence in the level of human capital lowers incentives for individuals with high levels of human capital.

Keywords: human capital investment; confidence; economic experiments; motivation (search for similar items in EconPapers)
JEL-codes: C91 D83 I21 J24 (search for similar items in EconPapers)
Pages: 43 pages
Date: 2018-02
New Economics Papers: this item is included in nep-cbe, nep-cse, nep-exp, nep-hrm and nep-knm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

Published - published in: Games and Economic Behavior, 2018, 111, 122-142.

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Journal Article: Confidence in knowledge or confidence in the ability to learn: An experiment on the causal effects of beliefs on motivation (2018)
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