{"id":"https://openalex.org/W4286667579","doi":"https://doi.org/10.5465/ambpp.2022.12596abstract","title":"The Development of Overconfidence: The Effects of Shallow Learning on Overconfidence","display_name":"The Development of Overconfidence: The Effects of Shallow Learning on Overconfidence","publication_year":2022,"publication_date":"2022-07-06","ids":{"openalex":"https://openalex.org/W4286667579","doi":"https://doi.org/10.5465/ambpp.2022.12596abstract"},"language":"en","primary_location":{"id":"doi:10.5465/ambpp.2022.12596abstract","doi":"https://doi.org/10.5465/ambpp.2022.12596abstract","is_oa":false,"landing_page_url":"https://doi.org/10.5465/ambpp.2022.12596abstract","pdf_url":null,"source":{"id":"https://openalex.org/S4210223487","display_name":"Academy of Management Proceedings","issn_l":"0065-0668","issn":["0065-0668","2151-6561","2376-7197"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310316266","host_organization_name":"Academy of Management","host_organization_lineage":["https://openalex.org/P4310316266"],"host_organization_lineage_names":["Academy of Management"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Academy of Management Proceedings","raw_type":"journal-article"},"volume":null,"type":"conference-abstract","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5000552370","display_name":"Carmen Julia Sanchez","orcid":"https://orcid.org/0000-0002-8012-1851","observed_orcids":["https://orcid.org/0000-0002-8012-1851"]},"institutions":[{"id":"https://openalex.org/I157725225","display_name":"University of Illinois Urbana-Champaign","ror":"https://ror.org/047426m28","country_code":"US","type":"education","lineage":["https://openalex.org/I157725225"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Carmen Julia Sanchez","raw_affiliation_strings":["U. of Illinois at Urbana-Champaign"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"U. of Illinois at Urbana-Champaign","institution_ids":["https://openalex.org/I157725225"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5002098916","display_name":"David Alan Dunning","orcid":"https://orcid.org/0000-0002-4565-1208","observed_orcids":["https://orcid.org/0000-0002-4565-1208"]},"institutions":[{"id":"https://openalex.org/I27837315","display_name":"University of Michigan","ror":"https://ror.org/00jmfr291","country_code":"US","type":"education","lineage":["https://openalex.org/I27837315"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"David Dunning","raw_affiliation_strings":["U. of Michigan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"U. of Michigan","institution_ids":["https://openalex.org/I27837315"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":2,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":"2022","issue":"1","first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.6050000190734863,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.6050000190734863,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.32589998841285706,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13744","display_name":"Financial Literacy and Behavior","score":0.032600000500679016,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/overconfidence","display_name":"overconfidence","score":0.9940000176429749},{"id":"https://openalex.org/keywords/overestimation","display_name":"overestimation","score":0.8529999852180481},{"id":"https://openalex.org/keywords/overplacement","display_name":"overplacement","score":0.9679999947547913},{"id":"https://openalex.org/keywords/shallow-learning","display_name":"shallow learning","score":0.7570000290870667},{"id":"https://openalex.org/keywords/personal-bankruptcy","display_name":"personal bankruptcy","score":0.9020000100135803},{"id":"https://openalex.org/keywords/financial-literacy","display_name":"financial literacy","score":0.9629999995231628},{"id":"https://openalex.org/keywords/self-confidence","display_name":"self-confidence","score":0.6399999856948853}],"concepts":[{"id":"https://openalex.org/C51110983","wikidata":"https://www.wikidata.org/wiki/Q16503490","display_name":"Overconfidence effect","level":2,"score":0.9846105575561523},{"id":"https://openalex.org/C2780414751","wikidata":"https://www.wikidata.org/wiki/Q157470","display_name":"Debtor","level":4,"score":0.6614627838134766},{"id":"https://openalex.org/C504631918","wikidata":"https://www.wikidata.org/wiki/Q152074","display_name":"Bankruptcy","level":2,"score":0.5934334993362427},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.5849869847297668},{"id":"https://openalex.org/C44249647","wikidata":"https://www.wikidata.org/wiki/Q208498","display_name":"Confidence interval","level":2,"score":0.5664185881614685},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.4385386109352112},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.40451478958129883},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2873690724372864},{"id":"https://openalex.org/C159091798","wikidata":"https://www.wikidata.org/wiki/Q157165","display_name":"Creditor","level":3,"score":0.16677236557006836},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1641751527786255},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.15697407722473145},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.13982629776000977},{"id":"https://openalex.org/C126322002","wikidata":"https://www.wikidata.org/wiki/Q11180","display_name":"Internal medicine","level":1,"score":0.11272162199020386}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.5465/ambpp.2022.12596abstract","doi":"https://doi.org/10.5465/ambpp.2022.12596abstract","is_oa":false,"landing_page_url":"https://doi.org/10.5465/ambpp.2022.12596abstract","pdf_url":null,"source":{"id":"https://openalex.org/S4210223487","display_name":"Academy of Management Proceedings","issn_l":"0065-0668","issn":["0065-0668","2151-6561","2376-7197"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310316266","host_organization_name":"Academy of Management","host_organization_lineage":["https://openalex.org/P4310316266"],"host_organization_lineage_names":["Academy of Management"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Academy of Management Proceedings","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.6164000034332275,"id":"https://metadata.un.org/sdg/4","display_name":"Quality education"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W1020222623","https://openalex.org/W2766825824","https://openalex.org/W2159929846","https://openalex.org/W2916972243","https://openalex.org/W7010690584","https://openalex.org/W7116430999","https://openalex.org/W3039598804","https://openalex.org/W2089153642","https://openalex.org/W4206139080","https://openalex.org/W2896467995"],"abstract_inverted_index":{"Across":[0],"two":[1,83],"studies":[2],"we":[3,64],"investigated":[4],"the":[5,48,98,108],"development":[6],"of":[7,29,51,130,144],"confidence":[8,87,111],"and":[9,90,102,172],"overconfidence":[10,81],"in":[11,53,82,88,120,127,155,177,180],"a":[12,16,25,42,72,178],"debtor":[13,74,167,174],"education":[14,75,168,175],"course,":[15,109],"mandatory":[17],"personal":[18],"bankruptcy":[19,37],"class.":[20],"In":[21,61,163],"study":[22,62],"1,":[23],"using":[24],"nationally":[26],"representative":[27],"sample":[28],"Americans":[30],"(n=25,281),":[31],"those":[32,156],"who":[33],"had":[34],"recently":[35],"filed":[36],"(n=818)":[38],"performed":[39],"worse":[40],"on":[41],"financial":[43,55],"literacy":[44],"test":[45],"yet":[46],"possessed":[47],"highest":[49],"levels":[50,129],"self-confidence":[52],"their":[54,110,170],"expertise,":[56],"compared":[57],"to":[58,69,95],"others":[59],"(n=24,463).":[60],"2":[63],"randomly":[65],"assigned":[66],"(n=400)":[67],"participants":[68,100],"either":[70],"complete":[71],"simulated":[73],"course":[76,99],"or":[77],"not.":[78],"We":[79,132],"measured":[80],"ways,":[84],"overestimation":[85],"(excessive":[86],"judgments),":[89],"overplacement":[91],"(ranking":[92],"oneself":[93],"relative":[94],"others).":[96],"Before":[97],"overestimated":[101],"overplaced.":[103],"Although":[104],"they":[105],"learned":[106],"from":[107],"rose":[112],"at":[113],"faster":[114],"rate":[115],"than":[116],"actual":[117],"knowledge,":[118],"resulting":[119],"exacerbated":[121],"overestimation.":[122,181],"The":[123,150],"class,":[124],"however,":[125],"resulted":[126],"lower":[128],"overplacement.":[131],"ruled":[133],"out":[134],"that":[135,157,173],"overplacement,":[136],"but":[137],"not":[138],"overestimation,":[139],"was":[140,152],"driven":[141],"by":[142],"effects":[143],"merely":[145],"repeating":[146],"questions":[147],"multiple":[148],"times.":[149],"effect":[151],"especially":[153],"pronounced":[154],"started":[158],"off":[159],"as":[160],"top":[161],"performers.":[162],"sum,":[164],"people":[165],"approach":[166],"overestimating":[169],"judgments,":[171],"results":[176],"spike":[179]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2023,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2022-07-23T00:00:00"}