that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism leads to an innovation enhancing effect, judgmental overconfidence inhibits innovation …. Our results indicate that future research is well advised to take into account that the relationship between innovation …

-enhancing innovation incentives by a monopolist—who derives revenues solely from disclosing user data to third parties—and consumer surplus …. If the share of privacy-concerned users is sufficiently small, privacy regulation has a negative effect on innovation and … effect on innovation. In this case, there is no trade-off between privacy and innovation and users always benefit from …