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Grandiose narcissists and decision making: Impulsive, overconfident, and skeptical of experts-but seldom in doubt
Charles A O'Reilly1, Nicholas Hall1
1Graduate School of Business, Stanford University, United States of America.
Abstract:
A substantial body of research has documented that grandiose narcissists are characterized by high self-esteem, a sense of personal superiority and entitlement, overconfidence, a willingness to exploit others for self-gain, and hostility and aggression when challenged. We report two studies (N = 452) that explore how these dispositions affect their decision making. We show that grandiose narcissists' overconfidence, impulsivity, and a willingness to ignore expert advice results in a higher likelihood of making a bad decision. In addition, after getting the wrong answer, grandiose narcissists are more likely to blame others and remain self-confident in their judgment.
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