| Issue |
E3S Web Conf.
Volume 275, 2021
2021 International Conference on Economic Innovation and Low-carbon Development (EILCD 2021)
|
|
|---|---|---|
| Article Number | 02030 | |
| Number of page(s) | 5 | |
| Section | Green Low-Carbon and Energy Saving and Emission Reduction Applications | |
| DOI | https://doi.org/10.1051/e3sconf/202127502030 | |
| Published online | 21 June 2021 | |
Overconfidence and Generosity: An Online Experiment on Covid-19
Internatioanal Business College, Dongbei University of Finance and Economics, 217 Jianshan Street Dalian Liaoning, China
* Corresponding author: wenqiwang_dufe@163.com
Under the backdrop of the pandemic of COVID-19, people have different predictions of the future condition and understanding of the current status. In this paper, findings from an online experiment show how overconfidence can play an important role in terms of decision-making of the pandemic: among the main findings from data analysis, self overconfidence significantly increases donations. Also, with the growth of age, people tend to donate more while as they advance the education level, people prefer to donate less. The results of this research can further inform policymakers on individuals’ behaviors during a negative economic shock.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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