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Do Overconfident Workers Cooperate Less? The Relationship Between Overconfidence and Cooperation in Team Production

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  • Vanessa Mertins
  • Wolfgang Hoffeld

Abstract

The tendency to underestimate others' relative performance compared with one's own is widespread among individuals in all work environments. We examine the relationship between, and the driving forces behind, individual overconfidence and voluntary cooperation in team production. Our experimental data suggest an indirect and gender‐specific link: overconfident men hold more optimistic beliefs about coworkers' cooperativeness than men who lack confidence and are accordingly significantly more cooperative, whereas overconfidence, beliefs, and cooperativeness are not correlated in women. Copyright © 2014 John Wiley & Sons, Ltd.

Suggested Citation

  • Vanessa Mertins & Wolfgang Hoffeld, 2015. "Do Overconfident Workers Cooperate Less? The Relationship Between Overconfidence and Cooperation in Team Production," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 36(4), pages 265-274, June.
    • Handle: RePEc:wly:mgtdec:v:36:y:2015:i:4:p:265-274
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    Cited by:

    1. repec:osf:socarx:zy248_v1 is not listed on IDEAS
    2. César Mantilla & Zahra Murad, 2022. "Ego-relevance in team production," PLOS ONE, Public Library of Science, vol. 17(12), pages 1-20, December.
    3. Hendrik Hakenes & Svetlana Katolnik, 2018. "Optimal Team Size and Overconfidence," Group Decision and Negotiation, Springer, vol. 27(4), pages 665-687, August.
    4. Huang, Wei & Wang, Yu & Zhao, Xiaojian, 2024. "Motivated Beliefs, Independence and Cooperation," European Economic Review, Elsevier, vol. 166(C).

    More about this item

    JEL classification:

    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior

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