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Overconfidence and Preferences for Competition
We study when preferences for competition are a positive economic trait among high earners and the extent to which this trait can explain the gender gap in income among a master's degree in business administration (MBAs). Consistent with the experimental evidence, preferences for competition are a positive economic trait only for individuals who are not overconfident. Preferences for competition correlate with income only at graduation when bonuses are guaranteed and not a function of performance. Overconfident competition-loving MBAs observe lower compensation and income growth, and experience greater exit from high-reward industries and more frequent job interruptions. Preferences for competition do not explain the gender pay gap among MBAs.
Call Number | Location | Available |
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PSB lt.2 - Karya Akhir (Koleksi Majalah) | 1 |
Penerbit | USA The American Finance Association., 2024 |
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Edisi | Volume 79, Issue 2, April 2024, Pages 1087-1121 |
Subjek | Competition Positive Economic Trait |
ISBN/ISSN | 1540-6261 |
Klasifikasi | NONE |
Deskripsi Fisik | ill, chart, table, grafik, 924 hal, 20 cm |
Info Detail Spesifik | The Journal of Finance |
Other Version/Related | Tidak tersedia versi lain |
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