Can Random Selection Dampen Hubris?
project period: 2017-2018
with Joël Berger
There has been a debate on whether manager selection through competition fosters hubris in the successful applicants (e.g. Hayward & Hambrick 1997). As an alternative selection procedure, which should not give rise to hubris, a combination of performance selection and random selection has been suggested (Frey & Osterloh 2016). Although there is ample indirect evidence for the hubris hypothesis (e.g. Homberg & Osterloh 2010), it is nearly impossible to directly test the hypothesis with field data. This holds even more for the question of whether a combination of performance selection and random selection could solve the problem.