Self-assessment: the Role of the Social Enviroment

Self-assessment: the Role of the Social Enviroment

Auteur : Armin Falk, Fabian Kosse, Hannah Schildberg-Hörisch, Florian Zimmermann

Date de publication : 2020

Éditeur : Heinrich-Heine-University Düssedorf, Düsseldorf Institute for Competition Economics (DICE)

Nombre de pages : Non disponible

Résumé du livre

This study presents descriptive and causal evidence on the role of the social environment in shaping the accuracy of self-assessment. We introduce a novel incentivized measurement tool to measure the accuracy of self-assessment among children and use this tool to show that children from high socioeconomic status (SES) families are more accurate in their self-assessment, compared to children from low SES families. To move beyond correlational evidence, we then exploit the exogenous variation of participation in a mentoring program designed to enrich the social environment of children. We document that the mentoring program has a causal positive effect on the accuracy of children's self-assessment. Finally, we show that the mentoring program is most effective for children whose parents provide few social and interactive activities for their children.

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