An Unlucky Feeling: Persistent Overestimation of Absolute Performance with Noisy Feedback
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- Grossman, Zachary & Owens, David, 2012. "An unlucky feeling: Overconfidence and noisy feedback," Journal of Economic Behavior & Organization, Elsevier, vol. 84(2), pages 510-524.
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More about this item
Keywordsoverconfidence; feedback; overestimation; absolute performance; Bayesian updating; biased updating; information processing; learning transfer; cross-game learning; quadratic scoring rule; behavioral economics; experimental economics; Social and Behavioral Sciences;
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2012-03-28 (All new papers)
- NEP-CBE-2012-03-28 (Cognitive & Behavioural Economics)
- NEP-EVO-2012-03-28 (Evolutionary Economics)
- NEP-EXP-2012-03-28 (Experimental Economics)
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