overconfidence and overentry into competition. In a broader context, the results provide an explanation for the overconfidence of …

. The risky arm could potentially lead to a dead end and the safe arm introduces further competition to make firms keep …

. The risky arm could potentially lead to a dead end and the safe arm introduces further competition to make firms keep …

This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … failure, where competition failure occurs when a subject loses the competition because the opponent holds a higher …