Overconfidence can improve an agent's relative and absolute performance in contests

DOI10.1016/j.econlet.2010.11.040zbMath1210.91067OpenAlexW1966873085MaRDI QIDQ531399

Philipp C. Wichardt, Sandra Ludwig, Hanke Wickhorst

Publication date: 29 April 2011

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2010.11.040

zbMATH Keywords

contestsoverconfidence

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Auctions, bargaining, bidding and selling, and other market models (91B26)

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