An Unlucky Feeling: Overconfidence and Noisy Feedback

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Good news and bad news are still news: experimental evidence on belief updating (2019, unknown): “A large component of the experiment consisted of intuitive explanations and 4 Grossman and Owens (2012) examine absolute performance, but do not observe the same biases in information processing found in studies on relative performance.”
Self-confidence and strategic behavior (2017, unknown): “Grossman and Owens (2012) study how one’s beliefs about own performance (on a quiz) are affected by noisy, but unbiased feedback.”
The value of familiarity: Effects of knowledge and objective signals on willingness to pay for a public good (2014, background): “…and LaRiviere 2014a and Czajkowski, Hanley, and LaRiviere 2014b).11 However, evidence from laboratory experiments suggests that subjects do not always exhibit strictly Bayesian updating when exogenously provided with new information in new situations (Eil and Rao 2011 and Grossman and Owens 2012).”