Narcissism,Overconfidence,and Risk Taking in U.S. and Chinese Student Samples

Abstract

Narcissism, overconfidence, and risk seeking are all positively correlated in U.S. samples. Overconfidence and risk seeking show consistent cross-cultural variation with higher averages among Chinese samples than U.S. samples, whereas the prior literature is mixed with regard to narcissism. These variables have never been studied simultaneously across U.S. and Chinese cultures. In two studies, we investigated within-cultural and cross-cultural variability in narcissism, overconfidence, and risk taking between college students from comparable universities in the United States and China. In both studies and in both nations, all three variables correlated positively with each other when questions were asked about one’s own country. Individuals from China were more overconfident and risk seeking. Individuals from the United States displayed greater narcissism scores, but standard indexes of scale invariance were inadequate, rendering cross-cultural comparisons of narcissism itself infeasible. In Study 2, independent self-construal explained cross-cultural differences in narcissism scores, supporting the argument that cultural differences in viewing oneself as autonomous and separate from society are responsible for differences in narcissism scores across cultures. Parallel analyses with regard to overconfidence and risk taking were non-significant. Taken together, although narcissism, overconfidence, and risk taking tend to co-occur within cultures, the present cross-cultural analyses demonstrate that they may arise through different mechanisms. Independent self-construal may account for narcissism effects, but the explanations for overconfidence and risk taking remain speculative.