New England Journal of Entrepreneurship Volume 2 | Number 1 Article 5 4-1-1999 The Effects of Cognitive Heuristics on Strategic Action: Overcoming the Risk Hurdles to First Move Mark Simon Oakland University Susan M. Houghton Georgia State University Follow this and additional works at: http://digitalcommons.sacredheart.edu/neje Part of the Entrepreneurial and Small Business Operations Commons Recommended Citation Simon, Mark and Houghton, Susan M. (1999) "The Effects of Cognitive Heuristics on Strategic Action: Overcoming the Risk Hurdles to First Move," New England Journal of Entrepreneurship: Vol. 2: No. 1, Article 5. Available at: http://digitalcommons.sacredheart.edu/neje/vol2/iss1/5 This Research Article is brought to you for free and open access by the Jack Welch College of Business at DigitalCommons@SHU. It has been accepted for inclusion in New England Journal of Entrepreneurship by an authorized administrator of DigitalCommons@SHU. For more information, please contact [email protected]. The effects of cognitive heuristics on strategic action: Overcoming the risk hurdle to first move Simon, Mark;Houghton, Susan M Simon and Houghton: Effects of Cognitive Heuristics on Strategic Action: Overcomi New England Journal of Entrepreneurship; Spring 1999;The 2, 1; ABI/INFORM Complete pg. 35 Published bywith DigitalCommons@SHU, 2015copyright owner. Further reproduction prohibited without permission. Reproduced permission of the 1 New England Journal of Entrepreneurship, Vol. 2 [2015], No. 1, Art. 5 http://digitalcommons.sacredheart.edu/neje/vol2/iss1/5 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. 2 Simon and Houghton: The Effects of Cognitive Heuristics on Strategic Action: Overcomi Published bywith DigitalCommons@SHU, 2015copyright owner. Further reproduction prohibited without permission. Reproduced permission of the 3 New England Journal of Entrepreneurship, Vol. 2 [2015], No. 1, Art. 5 http://digitalcommons.sacredheart.edu/neje/vol2/iss1/5 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. 4 Simon and Houghton: The Effects of Cognitive Heuristics on Strategic Action: Overcomi Published bywith DigitalCommons@SHU, 2015copyright owner. Further reproduction prohibited without permission. Reproduced permission of the 5 New England Journal of Entrepreneurship, Vol. 2 [2015], No. 1, Art. 5 http://digitalcommons.sacredheart.edu/neje/vol2/iss1/5 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. 6 Simon and Houghton: The Effects of Cognitive Heuristics on Strategic Action: Overcomi Published bywith DigitalCommons@SHU, 2015copyright owner. Further reproduction prohibited without permission. Reproduced permission of the 7 New England Journal of Entrepreneurship, Vol. 2 [2015], No. 1, Art. 5 http://digitalcommons.sacredheart.edu/neje/vol2/iss1/5 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. 8 Simon and Houghton: The Effects of Cognitive Heuristics on Strategic Action: Overcomi Published bywith DigitalCommons@SHU, 2015copyright owner. Further reproduction prohibited without permission. Reproduced permission of the 9 New England Journal of Entrepreneurship, Vol. 2 [2015], No. 1, Art. 5 http://digitalcommons.sacredheart.edu/neje/vol2/iss1/5 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. 10
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