[VCEE Seminar] REMINDER: VCEE Seminar with Christoph Drobner - Invitation, June 15

Mailing list of the VCEE seminar series vcee-seminar at lists.univie.ac.at
Tue Jun 9 08:38:24 CEST 2026


Dear All,

You are invited to attend the VCEE seminar on Monday, June 15, from 11:30 to
13:00 hrs Vienna time. 

The seminar takes place in lecture hall 5 (ground floor) at
Oskar-Morgenstern-Platz 1.

The final speaker for this semester is: Christoph Drobner (CEU)

Webpage:   <https://sites.google.com/view/christoph-drobner/startseite>
Christoph Drobner


Here is more information about the talk:

Title: Misguided Effort (with A. Yesim Orhun)

 

Abstract:

We experimentally study how miscalibrated prior beliefs about one's own
ability affect effort provision through misguided inferences about returns
to effort. We demonstrate that both overconfident and underconfident
individuals draw misguided inferences about the returns to effort when
observing initial labor market outcomes that are jointly determined by their
own ability and external fundamentals. Crucially, we establish that
misguided inferences lead to suboptimal future effort provision. These
findings provide the first causal empirical support for a theorized effect
of miscalibrated prior beliefs on economic actions that operates through
misguided inferences about the economic environment.

If you are interested in meeting Christoph (meeting slots of 30') you can
register via this link:

https://nuudel.digitalcourage.de/QsSh9IivjVaSVTaC

 

Best regards,

Sylvia

 

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