Self-Assessment: The Role of the Social Environment


Falk, Armin (University of Bonn)
Kosse, Fabian (LMU Munich) 
Schildberg-Hörisch, Hannah (University of Düsseldorf) 
Zimmermann, Florian (University of Bonn) 


This study presents descriptive and causal evidence on the role of the social environment in shaping the accuracy of self-assessment. We introduce a novel incentivized measurement tool to measure the accuracy of self-assessment among children and use this tool to show that children from high socioeconomic status (SES) families are more accurate in their self-assessment, compared to children from low SES families. To move beyond correlational evidence, we then exploit the exogenous variation of participation in a mentoring program designed to enrich the social environment of children. We document that the mentoring program has a causal positive e ffect on the accuracy of children’s self-assessment. Finally, we show that the mentoring program is most e ffective for children whose parents provide few social and interactive activities for their children.


Self-Assessment; Beliefs; Experiments; Randomized Intervention; Children


D03; C21; C91; I24


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Self-Assessment: The Role of the Social Environment