The DOI matches its Crossref record; 58 of the 58 references it cites were found in a registry or an index.
Self-Confidence and Personal Motivation
Abstract
We analyze the value placed by rational agents on self-confidence, and the strategies employed in its pursuit. Confidence in one's abilities generally enhances motivation, making it a valuable asset for individuals with imperfect willpower. This demand for self-serving beliefs (which can also arise from hedonic or signaling motives) must be weighed against the risks of overconfidence. On the supply side, we develop a model of self-deception through endogenous memory that reconciles the motivated and rational features of human cognition. The resulting intrapersonal game of strategic communication typically leads to multiple equilibria. While “positive thinking” can improve welfare, it can also be self-defeating (and nonetheless pursued).
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Citations
Cites
Self-efficacy: The exercise of control
Bandura, A., Freeman, W. H., & Lightsey, R. (1999) · Journal of Cognitive Psychotherapy · doi:10.1891/0889-8391.13.2.158 · Cited by 46,835
James, W. (1913) · Henry Holt and Company eBooks · doi:10.1037/11059-000 · Cited by 25,226
A theory of social comparison processes
Festinger, L. (1954) · Human Relations · doi:10.1177/001872675400700202 · Cited by 20,926
The psychology of interpersonal relations.
Heider, F. (1958) · doi:10.1037/10628-000 · Cited by 13,457
The Psychology of Interpersonal Relations.
Newcomb, T., & Heider, F. (1958) · American Sociological Review · doi:10.2307/2089062 · Cited by 11,822
Telling more than we can know: Verbal reports on mental processes.
Nisbett, R. E., & Wilson, T. D. (1977) · Psychological Review · doi:10.1037/0033-295x.84.3.231 · Cited by 11,317 · cited 1×
“The psychology literature generally views introspection as quite inaccurate [Nisbett and Wilson 1977], and stresses that learning about oneself is an ongoing process.”
BackgroundJournal of personality and social psychology
Armstrong, J. S. (1988) · International Journal of Forecasting · doi:10.1016/0169-2070(88)90126-4 · Cited by 10,485
Illusion and well‐being: A social psychological perspective on mental health
Taylor, S. E., & Brown, J. D. (1988) · Psychological Bulletin · doi:10.1037/0033-2909.103.2.193 · Cited by 7,814
Golden eggs and hyperbolic discounting
Laibson, D. (1997) · The Quarterly Journal of Economics · doi:10.1162/003355397555253 · Cited by 6,122
Unrealistic optimism about future life events
Weinstein, N. D. (1980) · Journal of Personality and Social Psychology · doi:10.1037/0022-3514.39.5.806 · Cited by 4,999
Cited by
Golden eggs and hyperbolic discounting
Laibson, D. (1997) · The Quarterly Journal of Economics · doi:10.1162/003355397555253 · Cited by 6,122
Incentives and Prosocial Behavior
Bénabou, R., & Tirole, J. (2006) · American Economic Review · doi:10.1257/aer.96.5.1652 · Cited by 3,357
Self-citationIntrinsic and extrinsic motivation
Benabou, R., & Tirole, J. (2003) · Review of Economic Studies · doi:10.1111/1467-937x.00253 · Cited by 2,913
Mindful Economics: The Production, Consumption, and Value of Beliefs
Bénabou, R., & Tirole, J. (2016) · Journal of Economic Perspectives · doi:10.1257/jep.30.3.141 · Cited by 817
Self-citationMcKay, R. T., & Dennett, D. C. (2009) · Behavioral and Brain Sciences · doi:10.1017/s0140525x09990975 · Cited by 474
Metadata
- Authors
- Benabou, R., & Tirole, J.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 2002-08-01
- Volume
- 117
- Issue
- 3
- Pages
- 871-915
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W2170641282
- Cited by
- 1,539
- References
- 58
- FWCI
- 21.23
- Type
- journal article
- Language
- en
- Open access
- closed
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.