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Self-Confidence and Teamwork : An Experimental Test

Abstract : We use a laboratory experiment to study how perceptions of skill influence teamwork. Our design is based on Gervais and Goldstein (2007) theory of teams. Team output is increasing in skill and in effort, skill and effort are complements, and workers' effort choices are complements. An overconfident agent thinks that his skill is higher than it actually is. We find that the presence of overconfi-dent workers in teams is beneficial for firms since it raises effort provision and team output. We also find that overconfidence leads to a Pareto improvement in workers' payoffs. In contrast, underconfidence is detrimental to firms as well as workers.
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Submitted on : Thursday, October 13, 2011 - 2:32:01 PM
Last modification on : Thursday, April 30, 2020 - 3:12:05 PM
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  • HAL Id : halshs-00632091, version 1


Jean-Louis Rullière, Luis Santos Pinto, Isabelle Vialle. Self-Confidence and Teamwork : An Experimental Test. 2011. ⟨halshs-00632091⟩



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