Overconfidence can improve an agent's relative and absolute performance in contests

Volume: 110, Issue: 3, Pages: 193 - 196
Published: Mar 1, 2011
Abstract
In this paper, we show that moderate overconfidence in a contest can improve the agent's performance relative to an unbiased opponent and even lead to an advantage in absolute...
Paper Details
Title
Overconfidence can improve an agent's relative and absolute performance in contests
Published Date
Mar 1, 2011
Volume
110
Issue
3
Pages
193 - 196
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