Vol.2, p. 131, near the bottom of this page: “People may appear to exhibit self-attribution bias as a result of misdirected financial incentives. In this case, it is not true self-attribution bias …”
Vol.2, p.137, near the middle of this page: “Analysts should also recognize the possibility of a self-attribution bias in company executives that arises from the impact of incentive compensation …”
Any suggestions?
My understanding is, true self-attribution is backed by psychological (unintended) reasons. That is why p. 131 says “it is not true” when self-attribution is done intentionally (to get higher compensation). In P. 137 incentive systems induce managers to be optimist. This optimism filters only good things on to financial reports. Here filtering is not intentional, it happens subconsciously (unintentionally). This is what I grabbed.