Confidence in ambiguous benchmarks

Asistencia presencial: Aula E1-1-01, Campus de Córdoba (Calle Escritor Aguayo, 4).

Abstract: Confidence in an uncertain environment can result in deterministic outcomes for agents. Previous literature cites how overconfidence drives suboptimal decision-making, yet ambiguity in challenging environments is an emerging topic. We design a laboratory experiment in which we propose subjects to invest in their own ability to succeed on a task in which the specific targets are ambiguous. We observe their investment as the task increases in difficulty over time and as they learn about their own performance in absolute versus relative terms. We compare their investment decisions to their risk attitudes and their feelings toward the impostor syndrome.

Link al seminario: https://loyola.webex.com/meet/rede3c