The authors present a reconciliation of 3 distinct ways in which the research literature has defined overconfidence: (a) overestimation of one's actual performance, (b) overplacement of one's performance relative to others, and (c) excessive precision in one's beliefs. Experimental evidence shows that reversals of the first 2 (apparent…

In this article, the authors introduce 3 different course formats for teaching management consulting at the university. On the basis of data from self-evaluation questionnaires from 159 students, the authors analyze effectiveness of these course designs in raising the self-confidence of participants to cope with the kind of tasks typically faced…