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In this article we theoretically develop and empirically test an integrative conceptual framework linking dispositional optimism as general outcome expectancy to general efficacy beliefs about internal (self) and external (instrumental social support and chance) factors as well as to general...
Persistent link: https://www.econbiz.de/10011051386
Based on the aggregated insights of the existing theories related to multiple sources of efficacy and locus of control, we introduce the theory of mixed control, a model of compound-risk perception. This theory considers outcome expectancies as being composed of expectancies regarding three...
Persistent link: https://www.econbiz.de/10005090561
Why are some people more optimistic about their life than others? Literature on locus of control suggests that optimism is associated with the belief that one’s life outcomes are controlled by internal factors, such as ability, instead of external factors, such as powerful others or...
Persistent link: https://www.econbiz.de/10005051053
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We review the role entrepreneurship capital in regional economic performance and extend it to explain the economic and entrepreneurial performance of organizations, teams, and individuals. Drawing on entrepreneurship and social capital research, we demonstrate that researchers at different level...
Persistent link: https://www.econbiz.de/10005765286
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Occupational transition from salaried to self-employment is an important issue in developed economies, but is even more critical in emerging economies, as individuals' occupational choices can drive economic development. Using data on 3637 individuals from India, we examine the effect of...
Persistent link: https://www.econbiz.de/10008468256
We present an integrated approach to the modelling, implementation and examination of social agents as consecutive steps in an interdisciplinary research process. The multi-agent system developed is inspired by sociological role concepts to provide agents with the capability to negotiate on the...
Persistent link: https://www.econbiz.de/10005518627
Base rate neglect has been shown to be a very robust bias in human information processing. It has also been show to be ecologically rational in some environments. However, when arguing about base rate neglect usually isolated individuals are considered. I complement these results by showing that...
Persistent link: https://www.econbiz.de/10005537387