Showing 1 - 10 of 229
-adjusted measure of risk preferences in the domain of work to investigate the link between risk aversion and entrepreneurship in … significant negative relationship between risk aversion and entrepreneurship. In addition, our results show that the use of …Do more risk loving migrants opt for self-employment? This is a question especially relevant for policymakers designing …
Persistent link: https://www.econbiz.de/10010959623
Economic Psychology on "Personality and Entrepreneurship". The contributions are clustered around questions regarding the … conclusion is based on new insights into the effects that variables, such as risk tolerance, trust and reciprocity, the value for … for entrepreneurship research. …
Persistent link: https://www.econbiz.de/10009147304
specific characteristics in particular "risk attitudes" and "locus of control" have strong effects on entry and survival. With … one of the most prominent determinants of entrepreneurship – education – and approximately three times larger than …
Persistent link: https://www.econbiz.de/10008868132
A main prediction of agency theory is the well known risk-incentive trade-off. Incentive contracts should be found in … environments with little uncertainty and for agents with low degrees of risk aversion. There is an ongoing debate in the literature … use of a unique representative data set, we find clear evidence that risk aversion has a highly significant and …
Persistent link: https://www.econbiz.de/10005822413
sizable effect of risk on accumulation and pronounced interactions between wealth and risk. The presented evidence is …
Persistent link: https://www.econbiz.de/10010627842
the impacts both of risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch … about the effects of risk aversion on selection into entrepreneurship. …This paper proposes that risk aversion encourages individuals to invest in balanced skill profiles, making them more …
Persistent link: https://www.econbiz.de/10009395440
We refine modelling of the radical innovation decision in this paper by extending real option theory to include non …
Persistent link: https://www.econbiz.de/10010791525
We report the results of a laboratory experiment testing for the existence of loss aversion in a standard risk aversion … incentivized risk preference elicitation task. We find loss aversion, distinct from risk aversion, has a significant effect on … behavior resulting in participants requiring higher compensation to bear risk. …
Persistent link: https://www.econbiz.de/10010884160
risk aversion and remittance behavior. Risk-averse individuals are more likely to send remittances home and are, on average … a "purchase of self-insurance" motive to remit, we also provide evidence of more remittances sent by risk averse …
Persistent link: https://www.econbiz.de/10010884255
Chinese subjects in our experiments became less accepting of Confucian values, such that they became significantly more risk …
Persistent link: https://www.econbiz.de/10010884344