Template-Type: ReDIF-Paper 1.0
Title: Do You Know That I Am Biased? An Experiment
Author-Name: Sandra Ludwig  
Author-Name: Julia Nafziger
Author-Email: julia.nafziger@ulb.ac.be
Classification-JEL: D83, C91, D01
Keywords: Bias, Overconfidence, Beliefs, Experimental Economics, Self-Serving Bias
Abstract: 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.
Note: 
Length: 28
Creation-Date: 2007-07
Revision-Date: 
File-URL: http://www.wiwi.uni-bonn.de/bgsepapers/bonedp/bgse11_2007.pdf
File-Format: application/pdf
Handle: RePEc:bon:bonedp:bgse11_2007