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And a vision appeared unto them of a great profit: evidence of self-deception among the self-employed

By David de Meza, G. Arabshabani, J. Maloney and Bernard Pearson


Evidence is presented that the self-employed expect better financial outcomes than do employees but experience worse realisations. This is consistent with theories that entrepreneurship is driven by unrealistic optimism

Topics: HB Economic Theory, HD Industries. Land use. Labor
Publisher: Elsevier
Year: 2000
DOI identifier: 10.1016/S0165-1765(99)00242-6
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Provided by: LSE Research Online
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