Koudstaal, Martin; Sloof, Randolph; Praag, Mirjam C. van - Institute for the Study of Labor (IZA) - 2014
Theory predicts that entrepreneurs have distinct attitudes towards risk and uncertainty, but empirical evidence is … mixed. To better understand the unique behavioral characteristics of entrepreneurs and the causes of these mixed results, we … perform a large 'lab-in-the-field' experiment comparing entrepreneurs to managers – a suitable comparison group – and …