Overconfidence Increases Productivity

Kinari, Yusuke; Mizutani, Noriko; Ohtake, Fumio; Okudaira, Hiroko

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論文情報

タイトル	Overconfidence Increases Productivity
著者	Kinari, Yusuke Kinari, Yusuke
	Mizutani, Noriko Mizutani, Noriko
	Ohtake, Fumio Ohtake, Fumio
	Okudaira, Hiroko Okudaira, Hiroko
キーワード等	ISER discussion paper
	Expectation
	Overconfidence
	Reward structure
	Productivity
	Experiment
抄録	Recent studies report that productivity increases under tournament reward structuresthan under piece rate reward structures. We conduct maze-solving experiments underboth reward structures and reveal that overconfidence is a significant factor inincreasing productivity. Specifically, subjects exhibiting progressively higher degrees ofoverconfidence solve more mazes. This result shows a positive aspect of overconfidence,which usually has been examined in its negative aspect as an expectation bias.
公開者	The Institute of Social and Economic Research, Osaka University
掲載誌名	Institute of Social and Economic Research Discussion Papers
巻	814
刊行年月	2011-08
URL	http://hdl.handle.net/11094/13691
関連情報 (references)	http://www.iser.osaka-u.ac.jp/library/dp/2011/DP0814.pdf
言語	英語

著者版フラグ	none
NII資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
dcmi資源タイプ	text
DCTERMS.bibliographicCitation	Institute of Social and Economic Research Discussion Papers.814
DC.title	Overconfidence Increases Productivity
DC.creator	Kinari, Yusuke
	Mizutani, Noriko
	Ohtake, Fumio
	Okudaira, Hiroko
DC.publisher	The Institute of Social and Economic Research, Osaka University
DC.language" scheme="DCTERMS.RFC1766	英語
DCTERMS.issued" scheme="DCTERMS.W3CDTF	2011-08
DC.identifier" scheme="DCTERMS.URI	http://hdl.handle.net/11094/13691
DC.subject	ISER discussion paper
	Expectation
	Overconfidence
	Reward structure
	Productivity
	Experiment
DCTERMS.abstract	Recent studies report that productivity increases under tournament reward structuresthan under piece rate reward structures. We conduct maze-solving experiments underboth reward structures and reveal that overconfidence is a significant factor inincreasing productivity. Specifically, subjects exhibiting progressively higher degrees ofoverconfidence solve more mazes. This result shows a positive aspect of overconfidence,which usually has been examined in its negative aspect as an expectation bias.
citation_title	Overconfidence Increases Productivity
citation_author	Kinari, Yusuke
	Mizutani, Noriko
	Ohtake, Fumio
	Okudaira, Hiroko
citation_publisher	The Institute of Social and Economic Research, Osaka University
citation_language	英語
citation_date	2011-08
citation_journal_title	Institute of Social and Economic Research Discussion Papers
citation_volume	814
citation_public_url	http://hdl.handle.net/11094/13691
citation_keywords	ISER discussion paper
	Expectation
	Overconfidence
	Reward structure
	Productivity
	Experiment

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