A model of positive self-image in subjective assessments

成果类型:
Article
署名作者:
Santos-Pinto, L; Sobel, J
署名单位:
Universidade Nova de Lisboa; University of California System; University of California San Diego
刊物名称:
AMERICAN ECONOMIC REVIEW
ISSN/ISSBN:
0002-8282
DOI:
10.1257/000282805775014245
发表日期:
2005
页码:
1386-1402
关键词:
Ambiguity JUDGMENT ability BIAS
摘要:
This paper suggests a mechanism that describes individuals' positive self-image in subjective assessments of their relative abilities. The mechanism assumes individuals have heterogeneous production functions that determine ability as a function of multiple skills; make skill-enhancing investments with the goal of maximizing their ability; and make ability comparisons using their own production function. Within this framework, the paper provides conditions under which there is positive self-image. Positive self-image is increasing in the ease of the task, the number of different skills needed for the task, and the variability of production technologies in the population.