This paper proposes that risk aversion encourages individuals to invest in balancedskill profiles, making them more … the impactsboth of risk aversion and balanced skills on the likelihood individuals chooseentrepreneurship. Data on Dutch … university graduates provides evidence which supportsthis contention. It thereby raises the possibility that even risk …

framework of this paper emerges from the recently developed Strategic Performance Management (SPM) concept for individual firms … improve the firms’ competitive performance through the application of strict internal management principles. Our study thus …

risk of thestrategies increases proportionally. Second, we test whether the strategies can be implementedsuccessfully in …, we examine several popularexplanations for the excess returns. We find no evidence of higher market risk or lower …

of policy interventions which reduce exposure to shocks or help households in risk man!agement may be seriously … a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk …-running panel data set for rural households in Zimbabwe. We find that risk substantially reduces growth: in the ergodic distribution …

individual perspective, but also from a societal one. Many increases in social risk involve a simultaneous increase in risk and … inequality. This paper presents an experiment which disentangles concerns for risk and inequality in a social risk context … terms of dispersion. We disentangle four types of dispersion: ex ante inequality, ex post inequality, individual risk, and …

help rural households to pool risk. In this paper I investigate two functions of transfers in Ethiopia: risk pooling and … income redistribution. Unlike most of the literature this paper investigates not only whether but also how much risk pooling … households. However, the contributions of transfers to risk pooling and income redistribution are economically very limited. …

The risk of investment in schooling has largely been ignored. We assess thevariance in the rate of return by surveying … skewed. Our best guess of ex ante risk in university education is a coefficient ofvariation of about 0.3, comparable to that …

Recent studies have demonstrated the importance of good management for firm performance. Here, we focus on management … in not-for-profits (NFPs). We present a model predicting that management quality will be lower in NFPs compared to for …-profits (FPs), but that outputs may not be worse if managers are altruistic. Using a tried and tested survey of management …