Investigates the differences in decision-making processes used by managers in large organizations and entrepreneurs. These differences are examined with respect to two biases and heuristics: overconfidence and representativeness. Overconfidence is defined as overestimating the probability of...

This study examines how the risk-taking motives of top managers drives risk-taking in IT implementations. We use the risk incentives provided in managerial compensation to capture top managers' risk-taking motives, and develop measures of aggressive IT implementation to capture strategic...