
doi: 10.2139/ssrn.1904692
handle: 10419/92869
Recent studies report that productivity increases under tournament reward structures than under piece rate reward structures. We conduct maze-solving experiments under both reward structures and reveal that overconfidence is a significant factor in increasing productivity. Specifically, subjects exhibiting progressively higher degrees of overconfidence solve more mazes. This result shows a positive aspect of overconfidence, which usually has been examined in its negative aspect as an expectation bias.
Vertrauen, Test, ddc:330, Expectation, Overconfidence, J33, Arbeitsproduktivität, Reward structure, Experiment, Leistungsanreiz, C9, D03, Productivity
Vertrauen, Test, ddc:330, Expectation, Overconfidence, J33, Arbeitsproduktivität, Reward structure, Experiment, Leistungsanreiz, C9, D03, Productivity
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