Effectuation and Over–Trust: Debating Goel and Karri

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Get It Together! Synergistic Effects of Causal and Effectual Decision-Making Logics on Venture Performance (2018, background): “…that, in uncertain environments, “the only way for each party in the relationship to benefit is by making small (affordable-loss based) but credible commitments to a joint course of action even if each is unsure of the other’s trustworthiness down the road” (Sarasvathy & Dew, 2008, p. 728).”
A bricolage perspective on service innovation (2017, background): “Instead, the decision should be made by considering the affordability of the loss (Sarasvathy & Dew, 2008).”
Effectuation or causation: An fsQCA analysis of entrepreneurial passion, risk perception, and self-efficacy (2018, background): “The predictive decision-making logic, also called causation (Sarasvathy, 2001, 2008), refers to pursuing success with the help of estimates and analyses that make accurate factual predictions of expected future outcomes.”
All you need is trust? A critical review of the trust and entrepreneurship literature (2012, background): “…to create resources, and that by using effectual logic, entrepreneurs trivialize the risk inherent in (over)-trusting to achieve nontrivial benefits (Karri and Goel, 2008); however, Sarasvathy and Dew (2008) refute the link to effectual logic, emphasizing that it neither predicts nor assumes trust.”