This dissertation uses experimental evidence to explore the effects of overconfidence on economic decision making. In Chapter 1 I provide experimental evidence of the effects of alcohol on overconfidence and several other important tasks. I also explore the relationship between overconfidence and the behavior in the other tasks. The data from this experiment show that an alcohol level of 0.
Dissertations – Ph.D. in Organizational Leadership Program | Regent University
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Include Synonyms Include Dead terms. Direct link. Dissertation, Georgia State University.
In Chapter 1 we assessed individual differences in actively open-minded thinking on probabilistic judgment tasks by using both belief and behavioral measures. In the first three studies subjects made probabilistic judgments in three-choice almanac questions, while in the fourth study subjects made point and confidence interval estimates for numerical almanac questions. Compared to the low scoring subjects, subjects who score high on the new behavioral AOT measure were more likely to have more accurate probability judgments when they did not know the correct answer to the question. Higher scores on the behavioral actively open-minded thinking measure were also associated with lower overconfidence. In Chapter 2 we tested the effectiveness of making subjects consider alternative reasons and a one-hour long online training module in AOT.