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Record W4404644679 · doi:10.1017/jdm.2024.22

Individual differences in overconfidence: A new measurement approach

2024· article· en· W4404644679 on OpenAlexafffund
Jabin Binnendyk, Gordon Pennycook

Bibliographic record

VenueJudgment and Decision Making · 2024
Typearticle
Languageen
FieldDecision Sciences
TopicDecision-Making and Behavioral Economics
Canadian institutionsUniversity of Regina
FundersSocial Sciences and Humanities Research Council of CanadaJohn Templeton Foundation
KeywordsOverconfidence effectPsychologyEconometricsSocial psychologyCognitive psychologyStatisticsEconomicsMathematics

Abstract

fetched live from OpenAlex

Abstract Overconfidence plays a role in a large number of individual decision biases and has been considered a ‘meta-bias’ for this reason. However, since overconfidence is measured behaviorally with respect to particular tasks (in which performance varies across individuals), it is unclear whether people generally vary in terms of their general overconfidence. We investigated this issue using a novel measure: the Generalized Overconfidence Task (GOT). The GOT is a difficult perception test that asks participants to identify objects in fuzzy (‘adversarial’) images. Critically, participants’ estimated performance on the task is not related to their actual performance. Instead, variation in estimated performance, we argue, arises from generalized overconfidence, that is, people indicating a cognitive skill for which they have no basis. In a series of studies (total N = 1,293), the GOT was more predictive when looking at a broad range of behavioral outcomes than two other overestimation tasks (cognitive and numeracy) and did not display substantial overlap with conceptually related measures (Studies 1a and 1b). In Studies 2a and 2b, the GOT showed superior reliability in a test–retest design compared to the other overconfidence measures (i.e., cognitive and numeracy measures), particularly when collecting confidence ratings after each image and an estimated performance score. Finally, the GOT is a strong predictor of a host of behavioral outcomes, including conspiracy beliefs, bullshit receptivity, overclaiming, and the ability to discern news headlines.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.032
metaresearch head score (Gemma)0.139
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.032
Threshold uncertainty score0.168

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0320.139
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0010.002
Bibliometrics0.0050.005
Science and technology studies0.0010.002
Scholarly communication0.0020.003
Open science0.0020.003
Research integrity0.0010.003
Insufficient payload (model declined to judge)0.0030.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.285
GPT teacher head0.398
Teacher spread0.113 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations16
Published2024
Admission routes2
Has abstractyes

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