In characterizing entrepreneurial behavior, researchers often regard nascent entrepreneurs entering risky markets as overconfident. In this paper, we challenge this prevailing view and show that a more differentiated consideration reveals the effects of overconfidence on market entry to be...

Non-classical models of economic behaviour, usually summarised under the notion of 'Bounded Rationality' criticise the assumptions of the standard economic model - hyperrationality, perfect and costless information, and unlimited mental processing capabilities. However, alternative approaches...

In the context of firm decision-making, several motives for acquiring and conveying information exist. Information serves to make better decisions, to persuade, and to impress. In this paper, we study how these motives shape incentives to acquire and communicate information. We employ a...

The product of the economic information system is being represented by the financial economic information on the basis of which through analysis, diagnostic, management, the corporation's managers can rapidly take quality decisions regarding the necessary patrimonial changes for the economic...

This paper aims to demonstrate the way in which knowledge and information become essential elements of building up a system (Students’ Professional Association of the University of Bucharest - Team Work), contributing to strengthening its position and providing solutions for other systems that...

Knowledge is increasingly playing a key role in achieving organizational success in modern organizations notably in leveraging core business competencies, accelerating innovation and time to market, improving cycle times and decision making, strengthening organizational commitment, and building...

This paper introduces a method for characterising the structure of a multi-sector information system and illustrates its application in formulating testable hypotheses and targeting information policy for improved system performance. This characterisation is accomplished by identifying...

In the context of firm decision-making, several motives for acquiring and conveying information exist. Information serves to make better decisions, to persuade, and to impress. In this paper, we study how these motives shape incentives to acquire and communicate information. We employ a...

In the context of firm decision-making, several motives for acquiring and conveying information exist. Information serves to make better decisions, to persuade, and to impress. In this paper, we study how these motives shape incentives to acquire and communicate information. We employ a...

Government occupies a central role in our world of inter-connected human systems of work, transportation, utilities, commerce, healthcare, and public education. Focusing on the U.S. federal government, this essay advances the lens of our government as an information processing system that...