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Cited by 1,539

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

Benabou, R., Tirole, J.·2002·The Quarterly Journal of Economics

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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Metadata

Authors
Benabou, R., & Tirole, J.
Venue
The Quarterly Journal of Economics
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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CoChat. (2026). Citation check: Self-Confidence and Personal Motivation. https://app.cochat.ai/papers/10.1162/003355302760193913
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Benabou, R., & Tirole, J. (2002). Self-Confidence and Personal Motivation. The Quarterly Journal of Economics. https://doi.org/10.1162/003355302760193913

Data sources

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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.