Performance prediction and performance-based task allocation
Author
Abstract
Suggested Citation
DOI: 10.1016/j.jebo.2024.02.027
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Moore, Don A. & Cain, Daylian M., 2007. "Overconfidence and underconfidence: When and why people underestimate (and overestimate) the competition," Organizational Behavior and Human Decision Processes, Elsevier, vol. 103(2), pages 197-213, July.
- Markus M. Möbius & Muriel Niederle & Paul Niehaus & Tanya S. Rosenblat, 2022.
"Managing Self-Confidence: Theory and Experimental Evidence,"
Management Science, INFORMS, vol. 68(11), pages 7793-7817, November.
- Markus M. Mobius & Muriel Niederle & Paul Niehaus & Tanya Rosenblat, 2011. "Managing self-confidence: theory and experimental evidence," Working Papers 11-14, Federal Reserve Bank of Boston.
- Markus M. Mobius & Muriel Niederle & Paul Niehaus & Tanya S. Rosenblat, 2011. "Managing Self-Confidence: Theory and Experimental Evidence," NBER Working Papers 17014, National Bureau of Economic Research, Inc.
- Ben Greiner, 2015. "Subject pool recruitment procedures: organizing experiments with ORSEE," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 1(1), pages 114-125, July.
- Alexander Coutts, 2019.
"Good news and bad news are still news: experimental evidence on belief updating,"
Experimental Economics, Springer;Economic Science Association, vol. 22(2), pages 369-395, June.
- Alexander Coutts, 2017. "Good news and bad news are still news: Experimental evidence on belief updating," NOVAFRICA Working Paper Series wp1703, Universidade Nova de Lisboa, Nova School of Business and Economics, NOVAFRICA.
- Cesarini, David & Sandewall, Orjan & Johannesson, Magnus, 2006.
"Confidence interval estimation tasks and the economics of overconfidence,"
Journal of Economic Behavior & Organization, Elsevier, vol. 61(3), pages 453-470, November.
- Cesarini, David & Sandewall, Örjan & Johannesson, Magnus, 2003. "Confidence Interval Estimation Tasks and the Economics of Overconfidence," SSE/EFI Working Paper Series in Economics and Finance 535, Stockholm School of Economics.
- Alba, Joseph W & Hutchinson, J Wesley, 2000. "Knowledge Calibration: What Consumers Know and What They Think They Know," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 27(2), pages 123-156, September.
- Urs Fischbacher, 2007. "z-Tree: Zurich toolbox for ready-made economic experiments," Experimental Economics, Springer;Economic Science Association, vol. 10(2), pages 171-178, June.
- Kocher, Martin G. & Lahno, Amrei Marie & Trautmann, Stefan T., 2018.
"Ambiguity aversion is not universal,"
European Economic Review, Elsevier, vol. 101(C), pages 268-283.
- Kocher, Martin G. & Lahno, Amrei Marie & Trautmann, Stefan T., 2018. "Ambiguity aversion is not universal," Munich Reprints in Economics 62872, University of Munich, Department of Economics.
- David Eil & Justin M. Rao, 2011. "The Good News-Bad News Effect: Asymmetric Processing of Objective Information about Yourself," American Economic Journal: Microeconomics, American Economic Association, vol. 3(2), pages 114-138, May.
- Erik Hoelzl & Aldo Rustichini, 2005. "Overconfident: Do You Put Your Money On It?," Economic Journal, Royal Economic Society, vol. 115(503), pages 305-318, April.
- Bock, Olaf & Baetge, Ingmar & Nicklisch, Andreas, 2014. "hroot: Hamburg Registration and Organization Online Tool," European Economic Review, Elsevier, vol. 71(C), pages 117-120.
- Heath, Chip & Tversky, Amos, 1991. "Preference and Belief: Ambiguity and Competence in Choice under Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 4(1), pages 5-28, January.
- Pavlo Blavatskyy, 2009. "Betting on own knowledge: Experimental test of overconfidence," Journal of Risk and Uncertainty, Springer, vol. 38(1), pages 39-49, February.
- Botond Koszegi & Matthew Rabin, 2009. "Reference-Dependent Consumption Plans," American Economic Review, American Economic Association, vol. 99(3), pages 909-936, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Cheung, Stephen L. & Johnstone, Lachlan, 2017. "True Overconfidence, Revealed through Actions: An Experiment," IZA Discussion Papers 10545, Institute of Labor Economics (IZA).
- Bruhin, Adrian & Santos-Pinto, Luís & Staubli, David, 2018.
"How do beliefs about skill affect risky decisions?,"
Journal of Economic Behavior & Organization, Elsevier, vol. 150(C), pages 350-371.
- Adrian Bruhin & Luis Santos-Pinto & David Staubli, 2016. "How Do Beliefs about Skill Affect Risky Decisions?," Cahiers de Recherches Economiques du Département d'économie 16.20, Université de Lausanne, Faculté des HEC, Département d’économie.
- Fellner-Röhling, Gerlinde & Hromek, Kristijan & Kleinknecht, Janina & Ludwig, Sandra, 2023. "How to counteract biased self-assessments? An experimental investigation of reactions to social information," Journal of Economic Behavior & Organization, Elsevier, vol. 206(C), pages 1-25.
- Murad, Zahra & Starmer, Chris, 2021.
"Confidence snowballing and relative performance feedback,"
Journal of Economic Behavior & Organization, Elsevier, vol. 190(C), pages 550-572.
- Zahra Murad & Chris Starmer, 2020. "Confidence Snowballing and Relative Performance Feedback," Working Papers in Economics & Finance 2020-08, University of Portsmouth, Portsmouth Business School, Economics and Finance Subject Group.
- Zahra Murad & Chris Starmer, 2020. "Confidence Snowballing and Relative Performance Feedback," Discussion Papers 2020-08, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Heger, Stephanie A. & Papageorge, Nicholas W., 2018. "We should totally open a restaurant: How optimism and overconfidence affect beliefs," Journal of Economic Psychology, Elsevier, vol. 67(C), pages 177-190.
- Mohammed Abdellaoui & Han Bleichrodt & Cédric Gutierrez, 2023. "Unpacking Overconfident Behavior When Betting on Oneself," Post-Print hal-04383402, HAL.
- Danková, Katarína & Servátka, Maroš, 2019.
"Gender robustness of overconfidence and excess entry,"
Journal of Economic Psychology, Elsevier, vol. 72(C), pages 179-199.
- Danková, Katarína & Servátka, Maroš, 2018. "Gender Robustness of Overconfidence and Excess Entry," MPRA Paper 87147, University Library of Munich, Germany.
- Erkal, Nisvan & Gangadharan, Lata & Koh, Boon Han, 2023.
"Do women receive less blame than men? Attribution of outcomes in a prosocial setting,"
Journal of Economic Behavior & Organization, Elsevier, vol. 210(C), pages 441-452.
- Nisvan Erkal & Lata Gangadharan & Boon Han Koh, 2022. "Do women receive less blame than men? Attribution of outcomes in a prosocial setting," University of East Anglia School of Economics Working Paper Series 2022-05, School of Economics, University of East Anglia, Norwich, UK..
- Cacault, Maria Paula & Grieder, Manuel, 2019. "How group identification distorts beliefs," Journal of Economic Behavior & Organization, Elsevier, vol. 164(C), pages 63-76.
- Sandra Ludwig & Julia Nafziger, 2011. "Beliefs about overconfidence," Theory and Decision, Springer, vol. 70(4), pages 475-500, April.
- Igor Kopylov & Joshua Miller, 2018. "Subjective beliefs and confidence when facts are forgotten," Journal of Risk and Uncertainty, Springer, vol. 57(3), pages 281-299, December.
- Kai Barron, 2021.
"Belief updating: does the ‘good-news, bad-news’ asymmetry extend to purely financial domains?,"
Experimental Economics, Springer;Economic Science Association, vol. 24(1), pages 31-58, March.
- Barron, Kai, 2021. "Belief updating: does the 'good-news, bad-news' asymmetry extend to purely financial domains?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 24(1), pages 31-58.
- Barron, Kai, 2016. "Belief updating: Does the 'good-news, bad-news' asymmetry extend to purely financial domains?," Discussion Papers, Research Unit: Economics of Change SP II 2016-309, WZB Berlin Social Science Center.
- Barron, Kai, 2019. "Belief updating: Does the 'good-news, bad-news' asymmetry extend to purely financial domains?," Discussion Papers, Research Unit: Economics of Change SP II 2016-309r, WZB Berlin Social Science Center, revised 2019.
- Barron, Kai, 2019. "Belief Updating: Does the \'Good-News, Bad-News\' Asymmetry Extend to Purely Financial Domains?," Rationality and Competition Discussion Paper Series 170, CRC TRR 190 Rationality and Competition.
- Barron, Kai, 2020. "Belief updating: Does the 'good-news, bad-news' asymmetry extend to purely financial domains?," Discussion Papers, Research Unit: Economics of Change SP II 2016-309r2, WZB Berlin Social Science Center, revised 2020.
- Barron, Kai, 2018. "Belief updating: Does the 'good-news, bad-news' asymmetry extend to purely financial domains?," MPRA Paper 84742, University Library of Munich, Germany.
- Zahra Murad & Martin Sefton & Chris Starmer, 2016.
"How do risk attitudes affect measured confidence?,"
Journal of Risk and Uncertainty, Springer, vol. 52(1), pages 21-46, February.
- Zahra Murad & Chris Starmer & Martin Sefton, 2014. "How do risk attitudes affect measured confidence?," Discussion Papers 2014-18, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Zahra Murad & Chris Starmer & Martin Sefton, 2015. "How do risk attitudes affect measured confidence?," Discussion Papers 2015-26, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Zahra Murad & Chris Starmer & Martin Sefton, 2014. "How do risk attitudes affect measured confidence?," Discussion Papers 2014-05, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Fellner-Röhling, Gerlinde & Hromek, Kristijan & Kleinknecht, Janina & Ludwig, Sandra, 2023. "Reciprocal reactions to (in)transparent task assignments: An experimental investigation," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 106(C).
- Vincent Laferrière & David Staubli & Christian Thöni, 2023.
"Explaining Excess Entry in Winner-Take-All Markets,"
Management Science, INFORMS, vol. 69(2), pages 1050-1069, February.
- Vincent Laferriere & David Staubli & Christian Thoeni, 2022. "Explaining excess entry in winner-take-all markets," Cahiers de Recherches Economiques du Département d'économie 22.02, Université de Lausanne, Faculté des HEC, Département d’économie.
- Shimon Kogan & Florian H. Schneider & Roberto A. Weber, 2021.
"Self-Serving Biases in Beliefs about Collective Outcomes,"
CESifo Working Paper Series
8975, CESifo.
- Shimon Kogan & Florian H. Schneider & Roberto A. Weber, 2021. "Self-serving biases in beliefs about collective outcomes," ECON - Working Papers 379, Department of Economics - University of Zurich.
- Merkle, Christoph, 2017. "Financial overconfidence over time: Foresight, hindsight, and insight of investors," Journal of Banking & Finance, Elsevier, vol. 84(C), pages 68-87.
- Nisvan Erkal & Lata Gangadharan & Boon Han Koh, 2022.
"By chance or by choice? Biased attribution of others’ outcomes when social preferences matter,"
Experimental Economics, Springer;Economic Science Association, vol. 25(2), pages 413-443, April.
- Nisvan Erkal & Lata Gangadharan & Boon Han Koh, 2021. "By Chance or by Choice? Biased Attribution of Others'Outcomes when Social Preferences Matter," University of East Anglia School of Economics Working Paper Series 2021-03, School of Economics, University of East Anglia, Norwich, UK..
- Kai Barron & Christina Gravert, 2022.
"Confidence and Career Choices: An Experiment,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 124(1), pages 35-68, January.
- Barron, Kai & Gravert, Christina, 2018. "Confidence and Career Choices: An Experiment," Working Papers in Economics 715, University of Gothenburg, Department of Economics.
- Barron, Kai & Gravert, Christina, 2019. "Confidence and Career Choices: An Experiment," Rationality and Competition Discussion Paper Series 169, CRC TRR 190 Rationality and Competition.
- Barron, Kai & Gravert, Christina, 2018. "Confidence and career choices: An experiment," Discussion Papers, Research Unit: Economics of Change SP II 2018-301, WZB Berlin Social Science Center.
- Barron, Kai & Gravert, Christina, 2019. "Confidence and career choices: An experiment," Discussion Papers, Research Unit: Economics of Change SP II 2018-301r, WZB Berlin Social Science Center, revised 2019.
- Barron, Kai & Gravert, Christina, 2020. "Confidence and career choices: An experiment," Discussion Papers, Research Unit: Economics of Change SP II 2018-301r2, WZB Berlin Social Science Center, revised 2020.
- Hajdu, Gergely, 2024.
"Excusing Beliefs about Third-party Success,"
Department of Economics Working Paper Series
362, WU Vienna University of Economics and Business.
- Gergely Hajdu, 2024. "Excusing Beliefs about Third-party Success," Department of Economics Working Papers wuwp362, Vienna University of Economics and Business, Department of Economics.
More about this item
Keywords
Performance evaluation; Principal-agent relationship; Modesty; Corporate governance;All these keywords.
JEL classification:
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jeborg:v:220:y:2024:i:c:p:354-368. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jebo .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.