Overconfident: Do You Put Your Money on It?
نویسندگان
چکیده
منابع مشابه
Overconfident: Do You Put Your Money on It?*
A group exhibits overconfidence if significantly more than half the group members declare to be better than the median in some characteristic. Overconfidence was found in verbal reports for a variety of characteristics and settings but was less often studied for choice behaviour. In an experiment we tested how perceived relative skill influences verbal and choice behaviour. Treatments varied ta...
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We present DIAL, a model of group dynamics and opinion dynamics. It features dialogues, in which agents gamble about reputation points. Intra-group radicalisation of opinions appears to be an emergent phenomenon. We position this model within the theoretical literature on opinion dynamics and social influence. Moreover, we investigate the effect of argumentation on group structure by simulation...
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ژورنال
عنوان ژورنال: The Economic Journal
سال: 2005
ISSN: 0013-0133,1468-0297
DOI: 10.1111/j.1468-0297.2005.00990.x