The curse of knowledge increases self-selection into competition: experimental evidence

Danz, David

[working paper]

dc.contributor.author	Danz, David	de
dc.date.accessioned	2016-02-15T07:49:34Z
dc.date.available	2016-02-15T07:49:34Z
dc.date.issued	2014	de
dc.identifier.uri	http://www.ssoar.info/ssoar/handle/document/46111
dc.description.abstract	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)	en
dc.language	en	de
dc.subject.ddc	Wirtschaft	de
dc.subject.ddc	Sociology & anthropology	en
dc.subject.ddc	Economics	en
dc.subject.ddc	Psychology	en
dc.subject.ddc	Psychologie	de
dc.subject.ddc	Soziologie, Anthropologie	de
dc.subject.other	Überschätzung	de
dc.title	The curse of knowledge increases self-selection into competition: experimental evidence	de
dc.description.review	begutachtet	de
dc.description.review	reviewed	en
dc.source.volume	SP II 2014-207	de
dc.publisher.country	DEU
dc.publisher.city	Berlin	de
dc.source.series	Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Markt und Entscheidung, Abteilung Verhalten auf Märkten
dc.subject.classoz	Social Psychology	en
dc.subject.classoz	National Economy	en
dc.subject.classoz	Sozialpsychologie	de
dc.subject.classoz	Sociology of Knowledge	en
dc.subject.classoz	Wissenssoziologie	de
dc.subject.classoz	Volkswirtschaftstheorie	de
dc.subject.thesoz	Wissen	de
dc.subject.thesoz	knowledge	en
dc.subject.thesoz	Selbstbewusstsein	de
dc.subject.thesoz	self-confidence	en
dc.subject.thesoz	Wettbewerb	de
dc.subject.thesoz	competition	en
dc.subject.thesoz	Anreizsystem	de
dc.subject.thesoz	incentive system	en
dc.subject.thesoz	Experiment	de
dc.subject.thesoz	experiment	en
dc.subject.thesoz	Information	de
dc.subject.thesoz	information	en
dc.subject.thesoz	Unternehmen	de
dc.subject.thesoz	enterprise	en
dc.subject.thesoz	Verhalten	de
dc.subject.thesoz	behavior	en
dc.rights.licence	Deposit Licence - Keine Weiterverbreitung, keine Bearbeitung	de
dc.rights.licence	Deposit Licence - No Redistribution, No Modifications	en
ssoar.contributor.institution	WZB	de
internal.status	formal und inhaltlich fertig erschlossen	de
internal.identifier.thesoz	10035168
internal.identifier.thesoz	10039219
internal.identifier.thesoz	10047904
internal.identifier.thesoz	10035721
internal.identifier.thesoz	10043015
internal.identifier.thesoz	10036968
internal.identifier.thesoz	10039009
internal.identifier.thesoz	10034530
dc.type.stock	monograph	de
dc.type.document	Arbeitspapier	de
dc.type.document	working paper	en
dc.source.pageinfo	64	de
internal.identifier.classoz	10706
internal.identifier.classoz	1090301
internal.identifier.classoz	10219
internal.identifier.document	3
dc.contributor.corporateeditor	Wissenschaftszentrum Berlin für Sozialforschung gGmbH
internal.identifier.corporateeditor	381
internal.identifier.ddc	150
internal.identifier.ddc	330
internal.identifier.ddc	301
dc.description.pubstatus	Veröffentlichungsversion	de
dc.description.pubstatus	Published Version	en
internal.identifier.licence	3
internal.identifier.pubstatus	1
internal.identifier.review	2
internal.identifier.series	961
dc.subject.classhort	10700	de
dc.subject.classhort	10200	de
dc.subject.classhort	10900	de
dc.identifier.handle	https://hdl.handle.net/10419/101453
internal.check.abstractlanguageharmonizer	CERTAIN

Files in this item

Files	Size	Format	View
There are no files associated with this item.

This item appears in the following Collection(s)

Wissenssoziologie
Sociology of Knowledge
Sozialpsychologie
Social Psychology
Volkswirtschaftstheorie
Economic Theory

Show simple item record