CARMEN J. SANCHEZ
RESEARCH INTERESTS
1. How do people assess their knowledge as they are making new decisions? In this line of research we track the development of overconfidence as people learn probabilistic tasks. We find that complete novices, those have never performed a task, are aware of their inability. However, with a little learning beginners quickly come to believe they know much if not all there is to know. That is, their confidence grows at a much faster rate than their abilities. This occurs because they formulate faulty theories about how to approach a task. Once people have an idea about how to perform a task, even if it is wrong, this produces overconfidence.
2. Are there individual differences that lead to a greater conviction of false beliefs?
3. What can be done to get people to have greater self-insight as they are learning a new skill? In fact, intervention materials to dampen overconfidence have already been designed by schizophrenia researchers. Overconfidence is believed to be related to the development of the disease. We borrowed materials from this line of research and adapted intervention materials used in schizophrenia treatment to train participants to make better judgments. The materials we created are an online self-paced tutorial. The intervention quelled overconfidence in a probabilistic learning task.
If you would like a copy of the intervention materials we created to dampen overconfidence please send me an email. To create our intervention we adapted Moritz and Woodward's Metacognitive Training. If you use these materials please consider making a small donation to UKE AG Neuropsychologie. The donations are used to keep the dissemination of psychological treatments for serious mental disorders free of charge.
4. How does culture impact how people make decisions?
5. Are people motivated to think about their own and others financial situations in a particular way?
1. How do people assess their knowledge as they are making new decisions? In this line of research we track the development of overconfidence as people learn probabilistic tasks. We find that complete novices, those have never performed a task, are aware of their inability. However, with a little learning beginners quickly come to believe they know much if not all there is to know. That is, their confidence grows at a much faster rate than their abilities. This occurs because they formulate faulty theories about how to approach a task. Once people have an idea about how to perform a task, even if it is wrong, this produces overconfidence.
2. Are there individual differences that lead to a greater conviction of false beliefs?
3. What can be done to get people to have greater self-insight as they are learning a new skill? In fact, intervention materials to dampen overconfidence have already been designed by schizophrenia researchers. Overconfidence is believed to be related to the development of the disease. We borrowed materials from this line of research and adapted intervention materials used in schizophrenia treatment to train participants to make better judgments. The materials we created are an online self-paced tutorial. The intervention quelled overconfidence in a probabilistic learning task.
If you would like a copy of the intervention materials we created to dampen overconfidence please send me an email. To create our intervention we adapted Moritz and Woodward's Metacognitive Training. If you use these materials please consider making a small donation to UKE AG Neuropsychologie. The donations are used to keep the dissemination of psychological treatments for serious mental disorders free of charge.
4. How does culture impact how people make decisions?
5. Are people motivated to think about their own and others financial situations in a particular way?