to forgo the potentially valuable private information of their managers. We study the introduction of job testing across … 15 firms employing low-skilled service sector workers. When faced with similar applicant pools, we find that managers who … appear to hire against test recommendations end up with worse average hires. This suggests that managers often overrule test …

stage, selection does not impede the promotion of behavioral managers. Instead, competitive environments oftentimes promote … not ensure the firing of biased decision-makers as board members themselves are subject to biases in their evaluation of …By documenting how biases affect even the most educated and influential decision-makers, such as CEOs, the field has …

motivation is market timing, providing an excellent framework for studying whether security issues reflect managers' ability to …