Matches in SemOpenAlex for { <https://semopenalex.org/work/W3118587730> ?p ?o ?g. }
Showing items 1 to 74 of
74
with 100 items per page.
- W3118587730 endingPage "517" @default.
- W3118587730 startingPage "503" @default.
- W3118587730 abstract "This paper considers the persistence of earnings differentials between wage earners and the self-employed through modeling overconfidence. The model examines challenges of limited information and its impact in the decision-making process. Using a Bayesian setting and concentrating specifically on the entrepreneur’s entry decision, the model shows how limited information can lead to substantial overestimation of potential profits and other outcomes even if the decision-maker has unbiased prior beliefs. The driving force behind the conclusion is the assumption that decision-makers, such as entrepreneurs, are not aware that available information is limited. For entrepreneurship, the resulting bias leads to overconfidence, excessive entry and the persistence of lower returns to entrepreneurship when compared to returns in the wage sector. This situation may arise wherever attrition is present, from military to business schools to medicine. Going the extra mile to gather and incorporate all relevant information into decision-making pays off in better quality decisions." @default.
- W3118587730 created "2021-01-18" @default.
- W3118587730 creator A5043247324 @default.
- W3118587730 date "2020-12-01" @default.
- W3118587730 modified "2023-09-23" @default.
- W3118587730 title "Survival, Attrition and Biased Decision-Making" @default.
- W3118587730 cites W1975688239 @default.
- W3118587730 cites W1977327796 @default.
- W3118587730 cites W1980054641 @default.
- W3118587730 cites W1990969594 @default.
- W3118587730 cites W2027591961 @default.
- W3118587730 cites W2031190735 @default.
- W3118587730 cites W208491018 @default.
- W3118587730 cites W2111202739 @default.
- W3118587730 cites W2128845411 @default.
- W3118587730 cites W2133305303 @default.
- W3118587730 cites W2143280243 @default.
- W3118587730 cites W2484571116 @default.
- W3118587730 cites W2789231659 @default.
- W3118587730 cites W2799508293 @default.
- W3118587730 cites W2800650650 @default.
- W3118587730 cites W3121529264 @default.
- W3118587730 cites W3121658497 @default.
- W3118587730 cites W3126080930 @default.
- W3118587730 cites W4230521044 @default.
- W3118587730 doi "https://doi.org/10.1007/s11293-020-09687-x" @default.
- W3118587730 hasPublicationYear "2020" @default.
- W3118587730 type Work @default.
- W3118587730 sameAs 3118587730 @default.
- W3118587730 citedByCount "1" @default.
- W3118587730 countsByYear W31185877302022 @default.
- W3118587730 crossrefType "journal-article" @default.
- W3118587730 hasAuthorship W3118587730A5043247324 @default.
- W3118587730 hasBestOaLocation W31185877302 @default.
- W3118587730 hasConcept C100001284 @default.
- W3118587730 hasConcept C118084267 @default.
- W3118587730 hasConcept C139719470 @default.
- W3118587730 hasConcept C162118730 @default.
- W3118587730 hasConcept C162324750 @default.
- W3118587730 hasConcept C178283979 @default.
- W3118587730 hasConcept C199343813 @default.
- W3118587730 hasConcept C2780553607 @default.
- W3118587730 hasConcept C71924100 @default.
- W3118587730 hasConceptScore W3118587730C100001284 @default.
- W3118587730 hasConceptScore W3118587730C118084267 @default.
- W3118587730 hasConceptScore W3118587730C139719470 @default.
- W3118587730 hasConceptScore W3118587730C162118730 @default.
- W3118587730 hasConceptScore W3118587730C162324750 @default.
- W3118587730 hasConceptScore W3118587730C178283979 @default.
- W3118587730 hasConceptScore W3118587730C199343813 @default.
- W3118587730 hasConceptScore W3118587730C2780553607 @default.
- W3118587730 hasConceptScore W3118587730C71924100 @default.
- W3118587730 hasIssue "4" @default.
- W3118587730 hasLocation W31185877301 @default.
- W3118587730 hasLocation W31185877302 @default.
- W3118587730 hasOpenAccess W3118587730 @default.
- W3118587730 hasPrimaryLocation W31185877301 @default.
- W3118587730 hasRelatedWork W1971657072 @default.
- W3118587730 hasRelatedWork W1984038852 @default.
- W3118587730 hasRelatedWork W1988509166 @default.
- W3118587730 hasRelatedWork W2013901557 @default.
- W3118587730 hasRelatedWork W2082853684 @default.
- W3118587730 hasRelatedWork W2085474915 @default.
- W3118587730 hasRelatedWork W2810156350 @default.
- W3118587730 hasRelatedWork W3121736356 @default.
- W3118587730 hasRelatedWork W3123599669 @default.
- W3118587730 hasRelatedWork W851015437 @default.
- W3118587730 hasVolume "48" @default.
- W3118587730 isParatext "false" @default.
- W3118587730 isRetracted "false" @default.
- W3118587730 magId "3118587730" @default.
- W3118587730 workType "article" @default.