Logo
Munich Personal RePEc Archive

Does the Better-Than-Average Effect Show That People Are Overconfident?: An Experiment.

Benoît, Jean-Pierre and Dubra, Juan and Moore, Don (2009): Does the Better-Than-Average Effect Show That People Are Overconfident?: An Experiment.

[thumbnail of MPRA_paper_13168.pdf]
Preview
PDF
MPRA_paper_13168.pdf

Download (169kB) | Preview

Abstract

We conduct a proper test of the claim that people are overconfident, in the sense that they believe that they are better than others. The results of the experiment we present do not allow us to reject the hypotheses that the data has been generated by perfectly rational, unbiased, and appropriately confident agents.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.