Are people willing to gamble more for themselves than what they deem reasonable for others? We addressed this question in a simplified computer gambling task in which subjects chose from a set of 10 cards. Subjects selected one card at a time after being instructed that 9 cards were good (win a...

Patients suffering from the behavioral variant of Frontotemporal Dementia (FTD-b) often exaggerate their abilities. Are those errors in judgment limited to domains in which patients under-perform, or do FTD-b patients overestimate their abilities in other domains? Is overconfidence in FTD-b...

Imitation is fundamental in the understanding of social system dynamics. But the diversity of imitation rules employed by modelers proves that the modeling of mimetic processes cannot avoid the traditional problem of endogenization of all the choices, including the one of the mimetic rules....

Previous work on the Dunning–Kruger effect has shown that poor performers often show little insight into the shortcomings in their performance, presumably because they suffer a double curse. Deficits in their knowledge prevent them from both producing correct responses and recognizing that the...

Purpose – This paper aims to document how leaders with a highly‐developed meaning‐making system design and engage in sustainability initiatives. Design/methodology/approach – In total, 32 leaders and change agents were assessed for their meaning‐making system, or action logic, using a...

This paper contributes to research on metacognitions which focuses on cognitive processes that enable entrepreneurs to create new ventures and to think beyond existing knowledge structures to become adaptable in an entrepreneurial context. Two streams of research, entrepreneurial intentions and...