research
oaioai:mpra.ub.uni-muenchen.de:13168

Does the Better-Than-Average Effect Show That People Are Overconfident?: An Experiment.

Authors
Publication date
2 February 2009
Publisher
Doi

    Abstract

    We conduct a proper test of the claim that people are overconfident, in the sense that they believe that they are better than others. The results of the experiment we present do not allow us to reject the hypotheses that the data has been generated by perfectly rational, unbiased, and appropriately confident agents

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    This paper was published in Munich RePEc Personal Archive.

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