In the present study, stock-brokers were guided more by past experience and existing beliefs than by logical thinking and rational decision-making.
I find that fund management teams with more task-specific human capital, as measured by more managers having past experience as venture capitalists and by more managers having past experience as executives at start-up companies, manage funds with greater fractions of portfolio company exits.
As a result, he said, the Fed had been forced to cut rates more deeply than past experience would have suggested was necessary.
Mismatch is also expected as workers age and career decisions depend more on their past experience than on their formal education.
Co-founder and CEO Rob Hunter (a past owner of multiple Marble Slab Creamery locations) has said that when employers hire hourly workers, location, availability and personality are often more important than past experience — but those things aren't really reflected in a traditional résumé.
"It's much more likely, given past experience, that the economic upswing is having the biggest effect on the fatality numbers.
With little more than their own past experience to guide them, they cut out ideas they fear won't work technologically, won't be accepted by distributors, might cannibalize existing product sales, could require entering unknown markets or otherwise are disruptive.
It's not so much that hindsight is 20/20 but it's more like hindsight gives more meaning to past experiences that seemed to be senseless or confusing at the time.
He presented himself as having learned from his past experience, being more mature and wanting to prove himself again.
The majority of the studies highlighted that individual factors (such as gender and past experience) were more influential than social and physical factors in evoking fear of crime.
