survival, but lag behind regular business founders in terms of income, business growth and innovation. Moreover, we show that …

(broad bracketing). We study the hypothesis that a present-biased individual, who faces two tasks, may bracket his goals … narrowly for motivational reasons. Goals motivate because they serve as reference points that make substandard performance … partially insures against the risk of falling short of ones' goal(s), but creates incentives to shirk in one of the tasks …

We model how people formulate and evaluate goals to overcome self-control problems. People often attempt to regulate … from the literatures on goals and mental accounting with models of expectations-based reference-dependent preferences. By … formulating goals the individual creates expectations that induce reference points for task outcomes. These goal-induced reference …

Goals are an important source of motivation. But little is known about why and how people set them. We address these … questions in a model based on two stylized facts from psychology and behavioral economics: i) Goals serve as reference points … for performance. ii) Present-biased preferences create self-control problems. We show how goals permit self …

employed represent opportunity entrepreneurs because pull factors provide the rationale for their decision. However, a data set … between motives, survival rates and entrepreneurial development. We find in particular that start-ups out of opportunity and …

Economic Psychology on "Personality and Entrepreneurship". The contributions are clustered around questions regarding the … for entrepreneurship research. …

one of the most prominent determinants of entrepreneurship – education – and approximately three times larger than …