John Wiley & Sons, Inc., is pleased to announce that Shu Li from the
Chinese Academy of Sciences has won the annual Wiley-IPCAS prize for
excellence in Chinese psychological science. The prize, awarded for Li’s
research into overconfidence, was presented at the opening ceremony of
the annual academic conference of the Chinese Psychological Society in
Nanjing.
The Wiley-IPCAS prize, valued at $5,000, is awarded by Wiley in
partnership with the Institute
of Psychology, Chinese Academy of Sciences (IPCAS), China’s national
psychology research institute.
The prize is awarded to the best article written by Chinese or
China-based researchers publishing in PsyCh
Journalor Acta
Psychologica Sinica each year. Shu Li, from the Key Laboratory
of Behavioral Science at the Institute of Psychology, Chinese Academy of
Sciences, published his winning paper in PsyCh
Journal, China’s first international psychology
journal.
Shu Li’s research used peer-comparison studies to explore methods for
evaluating and understanding overconfidence; defined as a positive
difference between confidence and accuracy. The existence of
overconfidence remains a controversial issue within psychological
research, and a precise method of evaluating it is essential for
researchers to validate their findings.
In one of three studies, Li’s team analyzed the perceptions of 126
sophomore students from Jilin University. The students were asked to
consider their likely exam results compared to their peers and to
estimate the percentage of students who would be more successful than
them.
These estimations were later compared to the students’ actual exam
results, to examine how accurate their self-perception had been. The
male participants overestimated their ability level by an average of
11.8%.
This study was supplemented with two further experiments, considering
both students and job seekers, to find that participants who had a
higher peer-comparison overconfidence level were more likely to
overestimate their performance.
“At the Key Laboratory of Behavioral Science, IPCAS researchers strive
to explore the development of the human mind, to describe, explain and
forecast human behavior, and we are proud to recognise Dr. Li’s
award-winning paper as a prime example of this focus,” said Xiaolan Fu,
Director of IPCAS. “This award winning paper demonstrates how Chinese
research is addressing key questions facing the international
psychological community.”
“Our partnership with IPCAS gives Wiley the opportunity to publish and
promote thought-leading Chinese psychological research to the world,”
said Philip Carpenter, Vice President and Managing Director, Research
Communications, Wiley “We are proud to have published Dr Li’s award
winning research and we congratulate his team.”
Full Citation: Yan-Ling Bi, Xue-Lei Du, Shu Li, ‘Peer-comparison
overconfidence: Does it measure bias in self-evaluation?’ PsyCh
Journal, Wiley, DOI: 10.1002/pchj.11
About the Journal:
PsyCh Journal, China's first international psychology journal,
publishes peer-reviewed research articles, research reports and
integrated research reviews spanning the entire spectrum of scientific
psychology and its applications. PsyCh Journal is the
flagship journal of the Institute of Psychology, Chinese Academy of
Sciences – the only national psychology research institute in China –
and reflects the high research standards of the nation.
About Wiley:
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outcomes in research, education, and professional practice. Our core
businesses produce scientific, technical, medical, and scholarly
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