Matches in SemOpenAlex for { <https://semopenalex.org/work/W1747589151> ?p ?o ?g. }
Showing items 1 to 100 of
100
with 100 items per page.
- W1747589151 abstract "Standard search theory assumes that individuals know, with certainty, how they compare to competing searchers in terms of ability. In contrast, we hypothesize that searchers are uncertain about relative ability, with important implications for search behavior. We test our hypotheses in a laboratory experiment. The first main finding is that people are substantially uncertain about whether they are a type with a high or low probability of success, determined by being above or below the median in terms of ability. Self-confidence, defined as an individual’s self-assessed probability of being a high type, is too high (above zero) for many low types, and too low (below 1) for many high types. Second, people update beliefs based on search outcomes. Self-confidence increases or decreases in the right direction, but is less sensitive to new information than predicted by Bayes’ rule. Third, updating affects future search decisions: people are less likely to search as confidence about being a high type falls. Fourth, some search too little, and others search too much, due to wrong beliefs. Fifth, at the end of the experiment a substantial fraction turn down the chance to learn their exact rank. These are overwhelmingly those with low ability, suggesting an aversion to learning that one is one of the worst performers. Given that people are uncertain even in the simple setting of our experiment, our evidence strongly suggests that uncertainty about ability is relevant in more complex, real-world search settings, including search for a job or search for a mate. Focusing on the case of job search, we discuss how our findings can provide a new explanation for various important stylized facts from field evidence." @default.
- W1747589151 created "2016-06-24" @default.
- W1747589151 creator A5021689391 @default.
- W1747589151 creator A5056532188 @default.
- W1747589151 creator A5084716352 @default.
- W1747589151 date "2006-01-01" @default.
- W1747589151 modified "2023-10-01" @default.
- W1747589151 title "Self-confidence and search" @default.
- W1747589151 cites W1964359486 @default.
- W1747589151 cites W1976624377 @default.
- W1747589151 cites W1978429956 @default.
- W1747589151 cites W1998054917 @default.
- W1747589151 cites W2003993683 @default.
- W1747589151 cites W2022428995 @default.
- W1747589151 cites W2036522202 @default.
- W1747589151 cites W2039854535 @default.
- W1747589151 cites W2055986995 @default.
- W1747589151 cites W2057925076 @default.
- W1747589151 cites W2068850527 @default.
- W1747589151 cites W2092027953 @default.
- W1747589151 cites W2103022621 @default.
- W1747589151 cites W2129929815 @default.
- W1747589151 cites W2140665873 @default.
- W1747589151 cites W2266562975 @default.
- W1747589151 cites W2290701979 @default.
- W1747589151 cites W2798453900 @default.
- W1747589151 cites W3123324312 @default.
- W1747589151 cites W3124137622 @default.
- W1747589151 cites W3125184650 @default.
- W1747589151 cites W3125353710 @default.
- W1747589151 hasPublicationYear "2006" @default.
- W1747589151 type Work @default.
- W1747589151 sameAs 1747589151 @default.
- W1747589151 citedByCount "2" @default.
- W1747589151 countsByYear W17475891512014 @default.
- W1747589151 crossrefType "posted-content" @default.
- W1747589151 hasAuthorship W1747589151A5021689391 @default.
- W1747589151 hasAuthorship W1747589151A5056532188 @default.
- W1747589151 hasAuthorship W1747589151A5084716352 @default.
- W1747589151 hasConcept C149629883 @default.
- W1747589151 hasConcept C149782125 @default.
- W1747589151 hasConcept C151730666 @default.
- W1747589151 hasConcept C154945302 @default.
- W1747589151 hasConcept C15744967 @default.
- W1747589151 hasConcept C178790620 @default.
- W1747589151 hasConcept C180747234 @default.
- W1747589151 hasConcept C185592680 @default.
- W1747589151 hasConcept C2524010 @default.
- W1747589151 hasConcept C2776502983 @default.
- W1747589151 hasConcept C2777267654 @default.
- W1747589151 hasConcept C33923547 @default.
- W1747589151 hasConcept C41008148 @default.
- W1747589151 hasConcept C48444904 @default.
- W1747589151 hasConcept C7493553 @default.
- W1747589151 hasConcept C77805123 @default.
- W1747589151 hasConcept C86803240 @default.
- W1747589151 hasConceptScore W1747589151C149629883 @default.
- W1747589151 hasConceptScore W1747589151C149782125 @default.
- W1747589151 hasConceptScore W1747589151C151730666 @default.
- W1747589151 hasConceptScore W1747589151C154945302 @default.
- W1747589151 hasConceptScore W1747589151C15744967 @default.
- W1747589151 hasConceptScore W1747589151C178790620 @default.
- W1747589151 hasConceptScore W1747589151C180747234 @default.
- W1747589151 hasConceptScore W1747589151C185592680 @default.
- W1747589151 hasConceptScore W1747589151C2524010 @default.
- W1747589151 hasConceptScore W1747589151C2776502983 @default.
- W1747589151 hasConceptScore W1747589151C2777267654 @default.
- W1747589151 hasConceptScore W1747589151C33923547 @default.
- W1747589151 hasConceptScore W1747589151C41008148 @default.
- W1747589151 hasConceptScore W1747589151C48444904 @default.
- W1747589151 hasConceptScore W1747589151C7493553 @default.
- W1747589151 hasConceptScore W1747589151C77805123 @default.
- W1747589151 hasConceptScore W1747589151C86803240 @default.
- W1747589151 hasLocation W17475891511 @default.
- W1747589151 hasOpenAccess W1747589151 @default.
- W1747589151 hasPrimaryLocation W17475891511 @default.
- W1747589151 hasRelatedWork W1153342992 @default.
- W1747589151 hasRelatedWork W1480446149 @default.
- W1747589151 hasRelatedWork W1565982221 @default.
- W1747589151 hasRelatedWork W1945491278 @default.
- W1747589151 hasRelatedWork W2028293102 @default.
- W1747589151 hasRelatedWork W2090156721 @default.
- W1747589151 hasRelatedWork W2123138216 @default.
- W1747589151 hasRelatedWork W2262167001 @default.
- W1747589151 hasRelatedWork W2395108501 @default.
- W1747589151 hasRelatedWork W2522800975 @default.
- W1747589151 hasRelatedWork W2584482399 @default.
- W1747589151 hasRelatedWork W2766723817 @default.
- W1747589151 hasRelatedWork W2921276003 @default.
- W1747589151 hasRelatedWork W3004056520 @default.
- W1747589151 hasRelatedWork W3121705224 @default.
- W1747589151 hasRelatedWork W3122167677 @default.
- W1747589151 hasRelatedWork W3122395627 @default.
- W1747589151 hasRelatedWork W3125809234 @default.
- W1747589151 hasRelatedWork W3145326497 @default.
- W1747589151 hasRelatedWork W3199968809 @default.
- W1747589151 isParatext "false" @default.
- W1747589151 isRetracted "false" @default.
- W1747589151 magId "1747589151" @default.
- W1747589151 workType "article" @default.