Overconfidence and career choice

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State: Public
Version: Final published version
License: CC BY 4.0
Serval ID
serval:BIB_54300179138D
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
Overconfidence and career choice
Journal
PLoS ONE
Author(s)
Schulz J. F., Thöni C.
ISSN
1932-6203
Publication state
Published
Issued date
2016
Volume
11
Number
1
Pages
NA
Language
english
Notes
e0145126 ; SchulzThoni2016PONE
Abstract
People self-assess their relative ability when making career choices. Thus, confidence in their own abilities is likely an important factor for selection into various career paths. In a sample of 711 first-year students we examine whether there are systematic differences in confidence levels across fields of study. We find that our experimental confidence measures significantly vary between fields of study: While students in business related academic disciplines (Political Science, Law, Economics, and Business Administration) exhibit the highest confidence levels, students of Humanities range at the other end of the scale. This may have important implications for subsequent earnings and professions students select themselves in.
Keywords
CEO overconfidence, Excess entry, gender, investment, compete, market
Web of science
Open Access
Yes
Create date
08/09/2016 15:09
Last modification date
20/08/2019 15:09
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