Skill or Luck? Biases of Rational Agents

This paper shows why, in a world with differing priors, rational agents tend to attribute their own success more to skill and their failure more to bad luck than an outsider. It further shows why each agent in a group might think he or she is the best, why an agent might overestimate the control...

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Bibliographic Details
Main Author: Van den Steen, Eric
Language:en_US
Published: 2002
Subjects:
Online Access:http://hdl.handle.net/1721.1/1684