Abstract
The prevalence of overconfidence when making entrepreneurial decisions has led some scholars to argue that it has positive ramifications while others to disagree. The question is: Will highly overconfident individuals who consider starting a venture be willing to correct initial misconceptions? We found that it depends upon the source of overconfidence. Even at equally high overconfidence levels, individuals who reached that level by intentionally processing additional evidence were less likely to revise erroneous beliefs when compared to those with a natural tendency toward high overconfidence. In contrast to the overconfidence source, overconfidence level was not associated with changing incorrect beliefs.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
