Overconfidence can improve an agent's relative and absolute performance in contests

Sandra Ludwig; Philipp C. Wichardt; Hanke Wickhorst

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Overconfidence can improve an agent's relative and absolute performance in contests

机译：过度自信可以提高代理在比赛中的相对和绝对表现

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摘要

In this paper, we show that moderate overconfidence in a contest can improve the agent's performance relative to an unbiased opponent and even lead to an advantage in absolute terms.

机译：在本文中，我们证明了在比赛中适度的过度自信相对于没有偏见的对手可以提高代理的表现，甚至可以绝对地带来优势。

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来源
《Economics letters》 |2011年第3期|p.193-196|共4页
作者
Sandra Ludwig; Philipp C. Wichardt; Hanke Wickhorst;
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作者单位

Dept. of Economics, LMU Munich, Germany;

Dept. of Economics, University of Bonn, Germany;

Muenster School of Business and Economics, Germany Institute for Organisational Economics, University of Muenster, Scharnhorststr. 100, D-48151 Muenster, Germany;

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正文语种 eng
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关键词
overconfidence; contests;

机译：过度自信比赛;
入库时间 2022-08-17 23:10:53

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Overconfidence can improve an agent's relative and absolute performance in contests

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