[ceis_seminars_phd] Riccardo Faini CEIS Seminar - Roberta Dessi


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  • From: "Barbara Piazzi" < >
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  • Subject: [ceis_seminars_phd] Riccardo Faini CEIS Seminar - Roberta Dessi
  • Date: Mon, 3 Dec 2012 18:00:57 +0100

CEIS-Tor Vergata is pleased to inform you that, on Friday December 7th, 2012 at 12.00 pm, prof. Roberta Dessi  (Toulouse School of Economics) will present a paper on “Self-Esteem, Shame and Personal Motivationâ€

 

ABSTRACT

 

The available evidence from numerous studies in psychology suggests that overconfidence is a much more important phenomenon in North America than in Japan. Relatedly, North Americans appear to view high self-esteem much more positively than Japanese. The pattern is reversed when it comes to shame, a social emotion which appears to play a much more important role among Japanese than North Americans. We develop an economic model that endogenizes these observed differences, and relates them to differences in the economic and social environment. A crucial tradeoff  arises in the model between the benefits of encouraging self-improvement and the benefits of promoting initiative and new investments. In this context, self-esteem maintenance (self-enhancement) and high sensitivity to shame emerge as substitute mechanisms to induce efficient effort and investment decisions, generating a \North American" equilibrium with overconfidence and low sensitivity to shame, and a \Japanese" equilibrium with high sensitivity to shame and no overconfidence. The analysis identifies the key equilibrium costs as well as the benefits of reliance on each mechanism, and the implications for welfare.

 

The Seminar will be held at the Faculty of Economics, University of Rome "Tor Vergata", B-building, 1° floor, room B                    

 

Please, go to www.ceistorvergata.it for the complete list of seminars and events at CEIS.

How to reach us: http://web.uniroma2.it/mobilita/index.html  http://www.economia.uniroma2.it/area.asp?a=867  

 

 

Barbara Piazzi
CEIS-Tor Vergata
Facoltà di Economia
Università di Roma Tor Vergata
via Columbia, 2
00133 Roma
tel +39.06.7259.5652
fax +39.06.2020687



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