Overconfidence and the pursuit of high-status positions: a test of two behavioral strategies

Open Access
Authors
Publication date 10-2024
Journal Journal of Business and Psychology
Volume | Issue number 39 | 5
Pages (from-to) 1163-1186
Number of pages 23
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam Business School Research Institute (ABS-RI)
Abstract
Prior research demonstrates that overconfident people are more likely to attain high-status positions of leadership and influence. However, the underlying motivational and behavioral mechanisms driving this relationship remain largely unexplored. In the present research, we sought to fill this gap in the literature by proposing that overconfidence is associated with stronger status motives and the pursuit of high-status positions via dominance-based strategies. In Studies 1 and 2, we find overconfidence to be positively related to the pursuit of high-status positions of leadership. In Studies 3 and 4, we find overconfident individuals to lean towards dominance- over prestige-based status-seeking strategies. Finally, in Study 4, a field study among real-world supervisor-subordinate dyads, we find an indirect effect of overconfidence on expected social status advancement through dominance. Together, the current studies offer novel insight into the relationship between overconfidence and social status advancement by identifying previously unexplored explanatory mechanisms.
Document type Article
Note With supplementary file
Language English
Published at https://doi.org/10.1007/s10869-024-09936-9
Downloads
s10869-024-09936-9 (Final published version)
Supplementary materials
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