In recent years there has been a growth of interest in the role played by intuition in entrepreneurial cognition and … researchers. In response to this theoretical and empirical shortcoming we propose recognition-primed decision-making (RPD), the … complementary frameworks for advancing understanding of the dynamic interplay of cognition and affect in entrepreneurial judgment …

capacity to process information and cannot perfectly identify suitable applicants. During recessions, higher losses from hiring … unsuitable workers cause firms to be more selective in hiring. When firms cannot obtain sufficient information about applicants …, they err on the side of caution and accept fewer applicants to minimize losses from hiring unsuitable workers. Pro …