Renz, Erich; Müller, Marvin M.; Böhm, Kim Leonardo - In: Journal of Business Economics 93 (2023) 8, pp. 1309-1354
Managers often make decisions in situations involving risk and uncertainty. To ensure the prosperity of the company, neutral behavior is desirable in such situations. However, when evaluating future-oriented managerial actions, cognitive biases can arise that are manifested as aversions towards...