. Behind the debate, it is argued, lies a fundamental different idea of how human decision-making is to be understood and …

We examine in a large survey (n = 1,928) how contemplative entrepreneurs, managers and employees are in their decision … intuitive as employees. At the same time entrepreneurs have response times and a subjective Need for Cognition that (on average … cognition, and thus take more time to think things over. …

-generation process, the least-squares estimators have smaller bias (in fact zero bias) but larger variances in the long regression than … in the short regression. But if the long regression is also misspecified, the bias may not be smaller. We provide bias …