Tag

behavioral_friction

2 findings

Economics (general)Managerial Overconfidence and Self-Assessment BiasPrior to consulting interventions, firm managers consistently rated their own management practices as "above average," preventing them from recognizing the need to seek or invest in external managerial improvements.Observational Study Labour & employmentStigma Salience versus Mitigation Dual DynamicMerely mentioning social stigma reduced job fair attendance by 1.4 percentage points overall and by 12.0 percentage points for the bottom predicted response group (p = 0.022). Adding testimonials attenuated this negative effect to -0.044 percentage points (statistically insignificant), demonstrating that salience forces can offset mitigation efforts.RCT