{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/101791"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/101791","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"The perks of being bold: Overconfidence predicts persistence","abstract":"Overconfidence is a widely researched bias that most people exhibit across a broad range of domains. Most of the past research has focused on the negative, dangerous consequences of overconfidence. In the present studies, following recent work that has identified some advantages of overconfidence, we explored persistence as an additional advantage. In the present research, overconfidence is operationalized as the degree to which self-assessed performance exceeds actual performance. Performance on each task was incentivized. We examined overconfidence and persistence in three different domains: logical reasoning, creative thinking, and effort expenditure. Across two studies (Ns = 304 and 306), evidence showed that overconfidence in one’s performance predicted a greater willingness to invest time and effort in working on all three tasks. Moreover, we also explored several personality predictors of overconfidence. The results showed that narcissism, risk seeking, and pride predicted higher levels of overconfidence, though some variation existed across tasks. These results suggest that overconfidence is associated with positive gains like persistence, which is in turn associated with success and aids the acquisition of valuable resources.","abstract_html":"Overconfidence is a widely researched bias that most people exhibit across a broad range of domains. Most of the past research has focused on the negative, dangerous consequences of overconfidence. In the present studies, following recent work that has identified some advantages of overconfidence, we explored persistence as an additional advantage. In the present research, overconfidence is operationalized as the degree to which self-assessed performance exceeds actual performance. Performance on each task was incentivized. We examined overconfidence and persistence in three different domains: logical reasoning, creative thinking, and effort expenditure. Across two studies (Ns = 304 and 306), evidence showed that overconfidence in one’s performance predicted a greater willingness to invest time and effort in working on all three tasks. Moreover, we also explored several personality predictors of overconfidence. The results showed that narcissism, risk seeking, and pride predicted higher levels of overconfidence, though some variation existed across tasks. These results suggest that overconfidence is associated with positive gains like persistence, which is in turn associated with success and aids the acquisition of valuable resources.","abstract_has_math":false,"creators":["Vogt, Randi L."],"institution":"University of Illinois at Urbana-Champaign","degree_name":"M.S.","degree_level":"Thesis","degree_discipline":"Psychology","degree_department":null,"school":null,"contributors":["Cheng, Joey T.","Laurent, Sean M."],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2018,"date_issued":"2018-09-27T16:47:25Z","date_published":"2018-09-27T16:47:25Z","updated_at":"2026-07-22T22:24:40Z","subjects":["overconfidence","persistence","narcissism","pride","risk seeking"],"languages":["en"],"rights":["Copyright 2018 Randi Vogt"],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":"http://hdl.handle.net/2142/101791","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["Cheng, Joey T.","Laurent, Sean M."]},{"key":"dc:creator","label":"Author","values":["Vogt, Randi L."]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2018-09-27T16:47:25Z","2020-09-28T09:15:22Z","2018-07-06","2018-08"]},{"key":"dc:type","label":"Dc Type","values":["text"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Psychology"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Thesis"]},{"key":"thesis:degree_name","label":"Degree Name","values":["M.S."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["University of Illinois at Urbana-Champaign"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["overconfidence","persistence","narcissism","pride","risk seeking"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language","label":"Dc Language","values":["en"]},{"key":"dc:rights","label":"Dc Rights","values":["Copyright 2018 Randi Vogt"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier","label":"Identifier","values":["http://hdl.handle.net/2142/101791"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["Overconfidence is a widely researched bias that most people exhibit across a broad range of domains. Most of the past research has focused on the negative, dangerous consequences of overconfidence. In the present studies, following recent work that has identified some advantages of overconfidence, we explored persistence as an additional advantage. In the present research, overconfidence is operationalized as the degree to which self-assessed performance exceeds actual performance. Performance on each task was incentivized. We examined overconfidence and persistence in three different domains: logical reasoning, creative thinking, and effort expenditure. Across two studies (Ns = 304 and 306), evidence showed that overconfidence in one’s performance predicted a greater willingness to invest time and effort in working on all three tasks. Moreover, we also explored several personality predictors of overconfidence. The results showed that narcissism, risk seeking, and pride predicted higher levels of overconfidence, though some variation existed across tasks. These results suggest that overconfidence is associated with positive gains like persistence, which is in turn associated with success and aids the acquisition of valuable resources.","Submission published under a 24 month embargo labeled 'Closed Access', the embargo will last until 2020-08-01","The student, Randi Vogt, accepted the attached license on 2018-07-06 at 10:23.","The student, Randi Vogt, submitted this Thesis for approval on 2018-07-06 at 10:53.","This Thesis was approved for publication on 2018-07-06 at 11:05.","DSpace SAF Submission Ingestion Package generated from Vireo submission #12754 on 2018-09-27 at 11:36:17","Made available in DSpace on 2018-09-27T16:47:25Z (GMT). No. of bitstreams: 2 VOGT-THESIS-2018.pdf: 1556119 bytes, checksum: ac0e1830caa8a2beca7d9fe3b28cfc9f (MD5) LICENSE.txt: 4207 bytes, checksum: 1c04202362383a5ff74644ca19a3297d (MD5) Previous issue date: 2018-07-06","Embargo set by: Seth Robbins for item 107892 Lift date: 2020-09-27T16:47:41Z Reason: Author requested closed access (OA after 2yrs) in Vireo ETD system","Limited Restriction Lifted for Item 107892 on 2020-09-28T09:15:22Z."]},{"key":"dc:format","label":"Dc Format","values":["application/pdf"]},{"key":"dc:title","label":"Title","values":["The perks of being bold: Overconfidence predicts persistence"]}]}],"canonical_facts":{"dc:contributor":["Cheng, Joey T.","Laurent, Sean M."],"dc:creator":["Vogt, Randi L."],"dc:date":["2018-09-27T16:47:25Z","2020-09-28T09:15:22Z","2018-07-06","2018-08"],"dc:description":["Overconfidence is a widely researched bias that most people exhibit across a broad range of domains. Most of the past research has focused on the negative, dangerous consequences of overconfidence. In the present studies, following recent work that has identified some advantages of overconfidence, we explored persistence as an additional advantage. In the present research, overconfidence is operationalized as the degree to which self-assessed performance exceeds actual performance. Performance on each task was incentivized. We examined overconfidence and persistence in three different domains: logical reasoning, creative thinking, and effort expenditure. Across two studies (Ns = 304 and 306), evidence showed that overconfidence in one’s performance predicted a greater willingness to invest time and effort in working on all three tasks. Moreover, we also explored several personality predictors of overconfidence. The results showed that narcissism, risk seeking, and pride predicted higher levels of overconfidence, though some variation existed across tasks. These results suggest that overconfidence is associated with positive gains like persistence, which is in turn associated with success and aids the acquisition of valuable resources.","Submission published under a 24 month embargo labeled 'Closed Access', the embargo will last until 2020-08-01","The student, Randi Vogt, accepted the attached license on 2018-07-06 at 10:23.","The student, Randi Vogt, submitted this Thesis for approval on 2018-07-06 at 10:53.","This Thesis was approved for publication on 2018-07-06 at 11:05.","DSpace SAF Submission Ingestion Package generated from Vireo submission #12754 on 2018-09-27 at 11:36:17","Made available in DSpace on 2018-09-27T16:47:25Z (GMT). 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