"I'll do it by myself as I knew it all along": on the failure of hindsight-biased principals to delegate optimally

Danz, David; Hüber, Frank; Kübler, Dorothea; Mechtenberg, Lydia; Schmid, Julia

[working paper]

dc.contributor.author	Danz, David	de
dc.contributor.author	Hüber, Frank	de
dc.contributor.author	Kübler, Dorothea	de
dc.contributor.author	Mechtenberg, Lydia	de
dc.contributor.author	Schmid, Julia	de
dc.date.accessioned	2016-02-09T11:06:25Z
dc.date.available	2016-02-09T11:06:25Z
dc.date.issued	2013	de
dc.identifier.uri	http://www.ssoar.info/ssoar/handle/document/46060
dc.description.abstract	With the help of a simple model, we show that the hindsight bias can lead to inefficient delegation decisions. This prediction is tested experimentally. In an online experiment that was conducted during the FIFA World Cup 2010 participants were asked to predict a number of outcomes of the ongoing World Cup and had to recall their assessments after the outcomes had been realized. This served as a measure of the hindsight bias for each participant. The participants also had to make choices in a delegation game. Our data confirm that hindsight-biased subjects more frequently fail to delegate optimally than subjects whom we have classified as not hindsight biased. (author's abstract)	en
dc.language	en	de
dc.subject.ddc	Psychologie	de
dc.subject.ddc	Psychology	en
dc.subject.other	Rückschaufehler	de
dc.title	"I'll do it by myself as I knew it all along": on the failure of hindsight-biased principals to delegate optimally	de
dc.description.review	begutachtet	de
dc.description.review	reviewed	en
dc.source.volume	SP II 2013-203	de
dc.publisher.country	DEU
dc.publisher.city	Berlin	de
dc.source.series	Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Markt und Entscheidung, Abteilung Verhalten auf Märkten
dc.subject.classoz	Sozialpsychologie	de
dc.subject.classoz	Social Psychology	en
dc.subject.thesoz	Experiment	de
dc.subject.thesoz	experiment	en
dc.subject.thesoz	Delegation	de
dc.subject.thesoz	delegation of tasks	en
dc.subject.thesoz	Fußball	de
dc.subject.thesoz	soccer	en
dc.subject.thesoz	Weltmeisterschaft	de
dc.subject.thesoz	world championship	en
dc.subject.thesoz	Bewertung	de
dc.subject.thesoz	evaluation	en
dc.rights.licence	Deposit Licence - Keine Weiterverbreitung, keine Bearbeitung	de
dc.rights.licence	Deposit Licence - No Redistribution, No Modifications	en
ssoar.contributor.institution	WZB	de
internal.status	formal und inhaltlich fertig erschlossen	de
internal.identifier.thesoz	10043015
internal.identifier.thesoz	10040637
internal.identifier.thesoz	10044560
internal.identifier.thesoz	10075648
internal.identifier.thesoz	10036171
dc.type.stock	monograph	de
dc.type.document	Arbeitspapier	de
dc.type.document	working paper	en
dc.source.pageinfo	35	de
internal.identifier.classoz	10706
internal.identifier.document	3
dc.contributor.corporateeditor	Wissenschaftszentrum Berlin für Sozialforschung gGmbH
internal.identifier.corporateeditor	381
internal.identifier.ddc	150
dc.description.pubstatus	Veröffentlichungsversion	de
dc.description.pubstatus	Published Version	en
internal.identifier.licence	3
internal.identifier.pubstatus	1
internal.identifier.review	2
internal.identifier.series	961
dc.subject.classhort	10700	de
dc.identifier.handle	https://hdl.handle.net/10419/71136
internal.check.abstractlanguageharmonizer	CERTAIN

Files in this item

Files	Size	Format	View
There are no files associated with this item.

This item appears in the following Collection(s)

Sozialpsychologie
Social Psychology

Show simple item record