Overconfidence, Incentives and Digit Ratio

@inproceedings{Neyse2016OverconfidenceIA,
  title={Overconfidence, Incentives and Digit Ratio},
  author={Levent Neyse and Steven J. Bosworth and Patrick Ring and Ulrich Schmidt},
  booktitle={Scientific reports},
  year={2016}
}
This paper contributes to a better understanding of the biological underpinnings of overconfidence by analyzing performance predictions in the Cognitive Reflection Test with and without monetary incentives. In line with the existing literature we find that the participants are too optimistic about their performance on average; incentives lead to higher performance; and males score higher than females on this particular task. The novelty of this paper is an analysis of the relation between… CONTINUE READING
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