the devastating crash of 1929.Walter Friedman paints vivid portraits of entrepreneurs who shared a belief that the …

Existing empirical evidence suggests that entrepreneurs are optimists, a finding researchers often interpret as … bias or not. We show that entrepreneurs have more favorable beliefs about nationwide conditions and then that these … entrepreneurs’ beliefs are relatively good predictors of the future. We conclude from these two findings that entrepreneurs are less …

satisfaction with their actual life satisfaction five years later on. This overoptimism also holds for those entrepreneurs who …

satisfaction with their actual life satisfaction five years later on. This overoptimism also holds for those entrepreneurs who …