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Survival, Attrition and Biased Decision-Making
No full textThis paper considers the persistence of earnings differentials between wage earners and the self-employed through modeling overconfidence. The model examines challenges of limited information and its impact in the decision-making process. Using a Bayesian setting and concentrating specifically on the entrepreneur’s entry decision, the model shows how limited information can lead to substantial overestimation of potential profits and other outcomes even if the decision-maker has unbiased prior beliefs. The driving force behind the conclusion is the assumption that decision-makers, such as entrepreneurs, are not aware that available information is limited. For entrepreneurship, the resulting bias leads to overconfidence, excessive entry and the persistence of lower returns to entrepreneurship when compared to returns in the wage sector. This situation may arise wherever attrition is present, from military to business schools to medicine. Going the extra mile to gather and incorporate all relevant information into decision-making pays off in better quality decisions
Being an Essential Worker during COVID-19
No full textInterview with Doctor Piergallini, an independent family physician
This is My Grandfather
No full textI talk to my grandfather about the moments of his life. Many shared stories to his grandson
Changing the Status Quo Part 1
No full textTalking about Father Brad\u27s experience as a priest despite being gay and the challenges he faced becoming a priest
The World Rests on the Youth\u27s Shoulders.
No full textPhotograph - This photograph, entitled The World Rests on the Youth\u27s Shoulders is an emphasis of how the current state of the Earth and society is not the best, and how the future, especially an improved future, is a responsibility that the youth of today hold. Taken in the forest of the Pennsylvania Poconos on June 7th, 2020, I captured the literal meaning of the phrase, and with the forested background I highlighted the importance and beauty of nature and how we must preserve it
Petrichor and Change.
Get PDFIn the yard of a lovely, peaceful home, there lurks an enemy of the human race that cannot be forgotten due to its prevalence. Disease destroys the things closest to us and the places where we feel the safest
Dispatches From Student Quarantine, episode 102
No full textSeries of 21 episodes created by COM220. Includes contributions by students Tea Ceresini, Kaitlyn Chambers, Jessica Freels, Sarah Hasenauer, Emily Kuhn, Rachel Little, Olivia Moyer, Patrick Osborn, Rebecca Parsons, Chad Rosenberger, Cameron Scandle, Samantha Seely, William Snyder, Christopher Tongel, and Kevin Wenger