We examine which aspects of the confidence distributions - its shape, its bias toward higher or lower values, and its ability to distinguish correct from erred trials - are idiosyncratic of the who (individual specificity), ...

This paper examines whether consumer confidence forecasts future consumption in Chile. The results show that consumer confidence indicators are positively related to consumption growth during the month following the ...

Confidence judgments are often severely distorted: People may feel underconfident when responding correctly or, conversely, overconfident in erred responses. Our aim here was to identify the timing of brain processes that ...

Confidence is the 'feeling of knowing' that accompanies decision-making. Bayesian theory proposes that confidence is a function solely of the perceived probability of being correct. Empirical research has suggested, however, ...

Using an agent-based model we examine the dynamics of stock price fluctuations and their rates of return in an artificial financial market composed of fundamentalist and chartist agents with and without confidence. We find ...

Confidence in perceptual decisions is thought to reflect the probability of being correct. According to this view, confidence should be unaffected or minimally reduced by the presence of irrelevant alternatives. To test ...

Research on confidence spreads across several sub-fields of psychology and neuroscience. Here, we explore how a definition of confidence as Bayesian probability can unify these viewpoints. This computational view entails ...