Overconfidence can improve an agent's relative and absolute performance in contests
In this paper, we show that moderate overconfidence in a contest can improve the agent's performance relative to an unbiased opponent and even lead to an advantage in absolute terms.
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- Santos-Pinto, Luís, 2003.
"Positive self-image in tournaments,"
3140, University Library of Munich, Germany, revised 27 Feb 2007.
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