Prestige Preference and (Over-)Confidence

Conspicuous employment is the prestige-oriented behaviour of employers and employees on the job market. Prestigious employer preference (PEP) describes an individual’s motivational component to prefer highly reputable employers for status concerns. In this chapter, I report a study on the relationship between prestigious employer preference and detrimental decision-making behaviour. I extend the findings gathered from exploring the nomological network of prestigious employer preference toward psychological constructs that can facilitate overconfidence. Experimental support for this link is being presented.