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In a beauty contest experiment with over 6,000 chess players, ranked from amateur to world class, we found that Grandmasters act very similar to other humans. This even holds true when they play exclusively against players of approximately their own strength. In line with psychological research...
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utilization of neuroscience brings to entrepreneurship research and cognition. To articulate this exercise, I present the so …In the global clash for unveiling the 'innermost secrets' of the brain, the field of neuroscience is the most fitting … contender. Neuroscience is not quite ready to win the war for now, but it is assuredly equipped to win some battles …
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mode or were induced to rely either on emotion or reason. Cooperation was measured across a series of commonly used and … incentivized games (prisoner’s dilemma game, public goods game, trust game, dictator game). At the state level, our results show … individuals who otherwise rely primarily on reason, but not among individuals who already rely primarily on emotion. These …
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Why do incumbent firms frequently reject non-incremental innovations? Beyond technical, structural, or economic factors, we propose an additional factor: the degree of the top management team's (TMT) frame flexibility, i.e., their capability to perceptually expand an innovation's categorical...
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This note re-examines a finding by Crow et al. (1998) that equal skill of right and left hands is associated with deficits in cognitive ability. This is consistent with the idea that failure to develop dominance of one hemisphere is associated with various pathologies such as learning...
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Personal experiences of economic outcomes, from global financial crises to individual-level job losses, can shape individual beliefs, risk attitudes, and choices for years to come. A growing literature on experience effects shows that individuals act as if past outcomes that they experienced...
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