Overconfidence?
Jean-Pierre Benoît and
Juan Dubra ()
MPRA Paper from University Library of Munich, Germany
Abstract:
Many studies have shown that people display an apparent overconfidence. In particular, it is common for a majority of people to describe themselves as better-than-average. The literature takes for granted that this better-than-average effect is problematic. We argue, however, that, even accepting these studies on their own terms, there is nothing at all wrong with a strict majority of people rating themselves above the median.
Keywords: Overconfidence; Better than Average; Experiments; Irrationality; Signalling Models (search for similar items in EconPapers)
JEL-codes: D11 D12 D82 D83 (search for similar items in EconPapers)
Date: 2007-10, Revised 2007-11
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/6017/1/MPRA_paper_6017.pdf original version (application/pdf)
Related works:
Working Paper: Overconfidence? (2008) 
Working Paper: Overconfidence (2008) 
Working Paper: Overconfidence? (2008) 
Working Paper: Overconfidence? (2008) 
Working Paper: Overconfidence? (2007) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:6017
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().