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Type	Working Paper
Scope	Discipline-based scholarship
Title	Outcome Bias in Self-evaluations: Quasi-experimental Field Evidence of Swiss Driving License Exams
Organization Unit	Department of Business Administration (Egon Franck)
Authors	Pascal Flurin Meier Raphael Flepp Philippe Meier Egon Franck
Language	English
Institution	University of Zurich
Series Name	UZH Business Working Paper Series
Number	392
ISSN	2296-0422
Number of Pages	36
Date	2022
Abstract Text	Employing a quasi-experimental field setting, we examine whether people are outcome biased when self-evaluating their past decisions. Using data from Swiss driving license exams, we find that candidates who narrowly passed the theoretical driving exam are significantly less likely to pass the subsequent practical driving exam – which is taken several months after the theoretical exam – relative to those who failed narrowly. The candidates who passed the theoretical exam in their first attempt received more objections in momentary, on-the-spot kinds of decisions, consistent with the idea that worse preparation is the underlying behavioral difference.
Other Identification Number	merlin-id:22301
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