Overconfidence and diversification
Y Heller - American Economic Journal: Microeconomics, 2014 - aeaweb.org
Experimental evidence suggests that people tend to be overconfident in the sense that they
overestimate the accuracy of their private information. In this paper, we show that risk-averse …
overestimate the accuracy of their private information. In this paper, we show that risk-averse …
Entrepreneurial optimism and creative destruction
L Persson, T Seiler - 2018 - econstor.eu
We provide empirical evidence that uncertainty (rather than risk) and optimism are distinctive
characteristics of high-impact entrepreneurial firms (recently listed firms) relative to old …
characteristics of high-impact entrepreneurial firms (recently listed firms) relative to old …
Entrepreneurial optimism and creative destruction
L Persson, T Seiler - The North American Journal of Economics and …, 2022 - Elsevier
Using textual analysis of annual reports of US-listed firms, we provide empirical evidence
that uncertainty (rather than risk) and optimism are distinctive characteristics of high-impact …
that uncertainty (rather than risk) and optimism are distinctive characteristics of high-impact …
[CITATION][C] PERFORMANCE ASPIRATIONS AND EXIT FROM ENTREPRENEURSHIP
K Wennberg