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Overconfidence - A Matter of Education?
Paperback

Overconfidence - A Matter of Education?

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This title is printed to order. This book may have been self-published. If so, we cannot guarantee the quality of the content. In the main most books will have gone through the editing process however some may not. We therefore suggest that you be aware of this before ordering this book. If in doubt check either the author or publisher’s details as we are unable to accept any returns unless they are faulty. Please contact us if you have any questions.

Bachelor Thesis from the year 2012 in the subject Business economics - Miscellaneous, grade: 1, University of Applied Sciences Kufstein Tirol, language: English, abstract: This work examines the relationship between education and excessive confidence in situations of uncertainty. For this purpose, a questionnaire with 10 pseudo general knowledge questions was designed, whereby their degree of difficulty exceeds the knowledge of an average student by far. It was investigated whether subjects (N = 535) would acknowledge this condition and its associated nescience. If that is the case, they will answer the 10 questions within an extremely wide confidence interval in order to meet the predefined 90% accuracy requirement. The focus of investigation was in Southern Germany, as the school system regularly receives top marks in national educational rankings. The data analysis resulted in the stochastic proof that there are significant differences between the various educational institutions in accuracy and overconfidence. In addition to the empirical study the paper defines the distortion of judgment and identifies its relevant factors. It gives a detailed explanation of the German education system and states the criticism of the concept of overconfidence. The paper concludes with a recommendation for action and ventures a look ahead. ———————— Diese Arbeit untersucht den Zusammenhang zwischen Bildung und ubermassigem Selbstvertrauen in Situationen von Ungewissheit. Dazu wurde ein Fragebogen mit 10 Quasi-Allgemeinwissensfragen entwickelt, wobei deren Schwierigkeitsgrad das Wissen eines durchschnittlichen Schulers bei Weitem ubersteigt. Es wurde untersucht, ob die Probanden (N=535) diesen Zustand und ihre damit verbundene Unwissenheit anerkennen und zur Beantwortung der 10 Fragen, innerhalb eines vorgegebenen 90% Konfidenzintervalls, jenen Vertrauensbereich moeglichst weit wahlen, um die Anforderungen zu erfullen. Der Fokus der Untersuchung lag in Suddeutschl

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MORE INFO
Format
Paperback
Publisher
Grin Publishing
Date
26 November 2012
Pages
52
ISBN
9783656319375

This title is printed to order. This book may have been self-published. If so, we cannot guarantee the quality of the content. In the main most books will have gone through the editing process however some may not. We therefore suggest that you be aware of this before ordering this book. If in doubt check either the author or publisher’s details as we are unable to accept any returns unless they are faulty. Please contact us if you have any questions.

Bachelor Thesis from the year 2012 in the subject Business economics - Miscellaneous, grade: 1, University of Applied Sciences Kufstein Tirol, language: English, abstract: This work examines the relationship between education and excessive confidence in situations of uncertainty. For this purpose, a questionnaire with 10 pseudo general knowledge questions was designed, whereby their degree of difficulty exceeds the knowledge of an average student by far. It was investigated whether subjects (N = 535) would acknowledge this condition and its associated nescience. If that is the case, they will answer the 10 questions within an extremely wide confidence interval in order to meet the predefined 90% accuracy requirement. The focus of investigation was in Southern Germany, as the school system regularly receives top marks in national educational rankings. The data analysis resulted in the stochastic proof that there are significant differences between the various educational institutions in accuracy and overconfidence. In addition to the empirical study the paper defines the distortion of judgment and identifies its relevant factors. It gives a detailed explanation of the German education system and states the criticism of the concept of overconfidence. The paper concludes with a recommendation for action and ventures a look ahead. ———————— Diese Arbeit untersucht den Zusammenhang zwischen Bildung und ubermassigem Selbstvertrauen in Situationen von Ungewissheit. Dazu wurde ein Fragebogen mit 10 Quasi-Allgemeinwissensfragen entwickelt, wobei deren Schwierigkeitsgrad das Wissen eines durchschnittlichen Schulers bei Weitem ubersteigt. Es wurde untersucht, ob die Probanden (N=535) diesen Zustand und ihre damit verbundene Unwissenheit anerkennen und zur Beantwortung der 10 Fragen, innerhalb eines vorgegebenen 90% Konfidenzintervalls, jenen Vertrauensbereich moeglichst weit wahlen, um die Anforderungen zu erfullen. Der Fokus der Untersuchung lag in Suddeutschl

Read More
Format
Paperback
Publisher
Grin Publishing
Date
26 November 2012
Pages
52
ISBN
9783656319375