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  1. Gambler's fallacy in the classroom?
    Author: Kiss, Hubert János; Selei, Adrienn
    Published: 2013
    Publisher:  Institute of Economics, Hungarian Academy of Sciences, Budapest

    Does students' hand tremble after marking three consecutive identical answers in a multiple choice test? We design an experiment to study if the likelihood to change incorrectly to a different answer than the last one depends on the number of... more

    Location:
    Staats- und Universitätsbibliothek Bremen
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 151 (2013,42)
    Inter-library loan:
    No inter-library loan

     

    Does students' hand tremble after marking three consecutive identical answers in a multiple choice test? We design an experiment to study if the likelihood to change incorrectly to a different answer than the last one depends on the number of identical previous answers. We do not find a clear treatment effect, but observe that indeed the likelihood to change to an incorrect answer increases in the number of identical previous answers given by the student, even after controlling for how prepared (s)he was overall and how certain (s)he was that the answer to a given multiple choice question is correct. We claim that this behavior possibly is a reasonable reaction to previous exam experience.

     
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9786155447037
    Other identifier:
    hdl: 10419/108329
    Series: Discussion papers / Institute of Economics Hungarian Academy of Sciences ; 2013/42
    Subjects: belief; experiment; gambler's fallacy; multiple choice
    Scope: Online-Ressource (10 S.)
    Notes:

    Zsfassung in ungar. Sprache
  2. Do overconfident workers cooperate less?
    the relationship between overconfidence and cooperation in team production
    Author: Mertins, Vanessa; Hoffeld, Wolfgang
    Published: 2013
    Publisher:  IAAEU, Trier

    The tendency to underestimate others' relative performance compared to 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... more

    Location:
    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 307 (2013,13)
    Inter-library loan:
    No inter-library loan

     

    The tendency to underestimate others' relative performance compared to 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.

     
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/96365
    Series: IAAEU discussion paper series in economics / IAAEU ; 13/2013
    Subjects: team production; public good; experiment; real effort; cooperation; gender; overconfidence; belief
    Scope: Online-Ressource (21 S.), Ill.