Comments on: The Negative Side of Too Much Power http://nsdl.library.cornell.edu/websites/expertvoices/info2040/archives/2071 This is a supplemental blog for a course which will cover how the social, technological, and natural worlds are connected, and how the study of networks sheds light on these connections. Fri, 08 Mar 2013 14:27:51 +0000 http://wordpress.org/?v=2.3.3 By: stylizedfact http://nsdl.library.cornell.edu/websites/expertvoices/info2040/archives/2071#comment-1339 stylizedfact Sun, 08 Apr 2007 22:24:42 +0000 http://nsdl.library.cornell.edu/websites/expertvoices/info2040/archives/2071#comment-1339 In another form, this observation/hypothesis is generating a lot of <a href="http://bobsutton.typepad.com/my_weblog/" rel="nofollow">debate</a>. Another argument has it that people aspire to be ultra-rich so that they can gain trust through philanthropy: Barclay, P. (2004). Trustworthiness and competitive altruism can also solve the "tragedy of the commons". Evolution and Human Behavior, 25(4), 209-220. Overconfidence tends to be observed in corporate <a href="http://faculty.fuqua.duke.edu/~charvey/Research/Working_Papers/W81_Managerial_overconfidence_and.pdf" rel="nofollow">senior managements</a>, but people in general tend to be overconfident. In another form, this observation/hypothesis is generating a lot of debate.

Another argument has it that people aspire to be ultra-rich so that they can gain trust through philanthropy:

Barclay, P. (2004). Trustworthiness and competitive altruism can also solve the “tragedy of the commons”. Evolution and Human Behavior, 25(4), 209-220.

Overconfidence tends to be observed in corporate senior managements, but people in general tend to be overconfident.

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