Confidence in knowledge or confidence in the ability to learn: An experiment on the causal effects of beliefs on motivation

成果类型:
Article
署名作者:
Fischer, Mira; Sliwka, Dirk
署名单位:
University of Cologne
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2018.02.005
发表日期:
2018
页码:
122-142
关键词:
Economic experiments confidence human capital investment motivation
摘要:
Previous research has shown that feedback about past performance has ambiguous effects on subsequent performance. We argue that feedback affects beliefs in different dimensions - namely beliefs about the level of human capital and beliefs about the ability to learn and this may explain some of the ambiguous effects. We experimentally study the causal effects of an exogenously administered change in beliefs in both of these dimensions on the motivation to learn. We find that confidence in the ability to learn raises incentives, while confidence in the level of human capital lowers incentives for individuals with high levels of human capital. (C) 2018 Elsevier Inc. All rights reserved.