This chapter reviews how worker overconfidence affects labor markets. Evidence from psychology and economics shows that in many situations, most people tend to overestimate …
MK Lim, HY Mak, Y Rong - Manufacturing & Service …, 2015 - pubsonline.informs.org
Key to the mass adoption of electric vehicles (EVs) is the establishment of successful business models based on sound understanding of consumer behavior in adopting this new …
I Larkin, S Leider - American Economic Journal: Microeconomics, 2012 - aeaweb.org
We investigate how the convexity of a firm's incentives interacts with worker overconfidence to affect sorting decisions and performance. We demonstrate, experimentally, that …
The motivational value of confidence postulates that individual effort provision is increasing in beliefs on one's own ability. This relation is supposed to also hold for overconfident …
Teamwork has become increasingly important in modern organizations and the labor market. Yet, little is known about the role of self-confidence in teamwork. In this paper, we …
A consistent empirical literature shows that in many organizations supervisors systematically overrate their employees' performance. Such leniency bias is at odds with the standard …
JL Brown, S Farrington, GB Sprinkle - Accounting, Organizations and …, 2016 - Elsevier
We conduct a laboratory experiment to examine how task difficulty and different types of performance feedback–none, individual, and relative–affect individuals' selection of either a …
We study a principal‐agent framework in which the agent forms beliefs about the principal's project based on a misspecified subjective model. She fits this model to the objective …
This paper reports findings of a laboratory experiment, which explores how reported self- assessment regarding the own relative performance is perceived by others. In particular, I …