Self-Evaluation and Overconfidence in Different Life Domains

Short Description:: We measure overconfidence in various domains of life and over several waves. These measures, in combination with the rich panel structure in the SOEP, allow us to examine the prevalence of overconfidence in different domains and how overconfidence responds to life events. We also investigate how overconfidence affects labor-market outcomes.

Available Papers:

Arni, Patrick, Davide Dragone, Lorenz Götte, and Nicolas R. Ziebarth. 2020. Biased Health Perceptions and Risky Health Behaviors: Theory and Evidence. IZA DP No. 13308. Bonn: Institute of Labor Economics (IZA); Friehe, Tim, and Markus Pannenberg. 2019. Overconfidence over the lifespan: Evidence from Germany. Journal of Economic Psychology 74 (October 2019), 102207. (https://doi.org/10.1016/j.joep.2019.102207);

Friehe, Tim, and Markus Pannenberg. 2021. Time Preferences and Overconfident Beliefs: Evidence from Germany. Journal of Behavioral and Experimental Economics 92, 101651. (https://doi.org/10.1016/j.socec.2020.101651)

Find the proposal for the module here

Contact	Year	Respondents	Dataset	Variables	Availability	Field	Method
Nicolas Ziebarth, Cornell University [E-Mail]	2014	~1500	inno	bewz, lohb1, hekg, hekj, lohb2, zufz, gesz, gesj, zufj, im_ev	04/2017	Economics	Survey items