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  • The psychology literature provides ample evidence that people have difficulties taking the perspective of less-informed others. This paper presents a controlled experiment showing that this "curse of knowledge" can cause comparative overconfidence and overentry into competition. In a broader context, the results provide an explanation for the overconfidence of nascent entrepreneurs and the substantial rate of failure among new businesses. (author's abstract) (xsd:string)
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  • 2014 (xsd:gyear)
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  • 2014 (xsd:gyear)
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  • en (xsd:string)
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  • The curse of knowledge increases self-selection into competition: experimental evidence (xsd:string)
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  • Arbeitspapier (xsd:string)
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  • GESIS-SSOAR (xsd:string)
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  • SP II 2014-207 (xsd:string)