Stylized evidence suggests that people process information about their own ability in a
biased manner. We provide a precise characterization of the nature and extent of these …

Evidence from social psychology suggests that agents process information about their own
ability in a biased manner. This evidence has motivated exciting research in behavioral …

How do individuals' beliefs respond to ego-relevant information? After receiving noisy, but
unbiased performance feedback, participants in an experiment overestimate their own …

We use a series of experiments to understand whether and how people's beliefs about their
own abilities are biased relative to the Bayesian benchmark and how these beliefs then …

A growing body of evidence suggests that people exhibit large biases when processing
information about themselves, but less is known about the underlying inference process …

We investigate individual heterogeneity in the tendency to under-respond to feedback
(“conservatism”) and to respond more strongly to positive compared to negative feedback …

Evidence from psychology and economics indicates that many individuals overestimate their
ability, both absolutely and relatively. We test three different theories about observed relative …

We use laboratory experiments to study whether biases in beliefs grow more severe when
people socially exchange these beliefs with one another. We elicit subjects'(naturally …

We analyze the value placed by rational agents on self-confidence, and the strategies
employed in its pursuit. Confidence in one's abilities generally enhances motivation, making …

Confidence is the 'feeling of knowing'that accompanies decision-making. Bayesian theory
proposes that confidence is a function solely of the perceived probability of being correct …