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Shame, Guilt, and Motivated Self-Confidence

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  • Dessí, Roberta
  • Ren, Junjie
  • Zhao, Xiaojian

Abstract

The available evidence from anthropology, economics, and psychology suggests that sensitivity to the emotions of shame and guilt varies across cultures. So does (over)confidence in ability and skills. Is there a connection between these observations? We address this question theoretically and empirically. We find significant evidence, consistent with our model, of a negative relationship between the cultural importance of shame relative to guilt and individual confidence. The relationship holds across countries, and for U.S. immigrants relative to their culture of origin.

Suggested Citation

  • Dessí, Roberta & Ren, Junjie & Zhao, Xiaojian, 2023. "Shame, Guilt, and Motivated Self-Confidence," CEPR Discussion Papers 18629, C.E.P.R. Discussion Papers.
    • Handle: RePEc:cpr:ceprdp:18629
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    More about this item

    Keywords

    Self-confidence;

    JEL classification:

    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • Z1 - Other Special Topics - - Cultural Economics

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