English, Article, Journal or magazine article edition: Do You Know That I Am Biased? An Experiment Sandra Ludwig; Julia Nafziger

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Bookmark: http://trove.nla.gov.au/version/52645
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Do You Know That I Am Biased? An Experiment
Author
  • Sandra Ludwig
  • Julia Nafziger
Physical Description
  • preprint
Notes
  • This experiment explores whether individuals know that other people are biased. We confirm that overestimation of abilities is a pervasive problem, but observe that most people are not aware of it, i.e. they think others are unbiased. We investigate several explanations for this result. As a first one, we discuss a possible unfamiliarity with the task and the subjects' inability to distinguish between random mistakes and a real bias.  Second, we show how the relation between a subject's belief about others and his belief about himself might be driven by a false consensus effect or self-correction mechanism. Third, we identify a self-serving bias when comparing how a subject evaluates his own and other people's biases.
  • Bias, Overconfidence, Beliefs, Experimental Economics, Self-Serving Bias
  • RePEc:bon:bonedp:bgse11_2007
Language
  • English
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