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Overconfidence - A Matter of Education?
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The study explores how education influences overconfidence in uncertain situations, utilizing a challenging questionnaire designed to exceed average student knowledge. With 535 participants from Southern Germany, known for its high-ranking educational system, the research assesses whether individuals recognize their lack of knowledge and respond within a broad confidence range to meet a 90% accuracy goal. The findings reveal notable differences in accuracy and overconfidence levels across various educational institutions, providing a stochastic proof of the relationship between education and confidence.
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Overconfidence - A Matter of Education?, Dominik Piehlmaier
- Language
- Released
- 2012
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- Title
- Overconfidence - A Matter of Education?
- Language
- English
- Authors
- Dominik Piehlmaier
- Publisher
- GRIN Publishing
- Released
- 2012
- Format
- Paperback
- Pages
- 52
- ISBN13
- 9783656319375
- Category
- Business and Economics
- Description
- The study explores how education influences overconfidence in uncertain situations, utilizing a challenging questionnaire designed to exceed average student knowledge. With 535 participants from Southern Germany, known for its high-ranking educational system, the research assesses whether individuals recognize their lack of knowledge and respond within a broad confidence range to meet a 90% accuracy goal. The findings reveal notable differences in accuracy and overconfidence levels across various educational institutions, providing a stochastic proof of the relationship between education and confidence.