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We study entrepreneurs’ behavioral responses of effort (moral hazard) to avoid business failure.This is done in the …
Persistent link: https://www.econbiz.de/10011376618
Empirical evidence supports the conventional wisdom that entrepreneurs are more optimistic and overconfident than … entrepreneurs, managers and employees on a comprehensive set of measures of optimism and overconfidence (n = 2,058). The results … show that on average entrepreneurs are more optimistic than others in their dispositional optimism and attributional style …
Persistent link: https://www.econbiz.de/10011378220
positive for would-be entrepreneurs, in contrast to correlations in the data or uninstrumented estimates. Using firm data, we … also investigate how the newly insurance-induced entrepreneurs fare relative to their uninsured peers. Results suggest that …
Persistent link: https://www.econbiz.de/10010259625
intentions. However, empirical research aimed at establishing the importance of role models for (nascent) entrepreneurs is scarce … completed by a representative sample of 292 entrepreneurs in three major Dutch cities - entrepreneurs who have recently started …
Persistent link: https://www.econbiz.de/10011386370
We test the hypothesis, based on popular and theoretical perspectives, that entrepreneurs are more action-oriented than … experiment among 100s of entrepreneurs, managers and employees. Our experimental results show that entrepreneurs are indeed more … curiosity. Our empirical test results show that (i) entrepreneurs score indeed higher, on average, than managers and employees …
Persistent link: https://www.econbiz.de/10011583687
We examine in a large survey (n = 1,928) how contemplative entrepreneurs, managers and employees are in their decision … conventional wisdom, we find that entrepreneurs have a stronger subjective Faith in Intuition than others. Their actual action … choices are partly in line with this: entrepreneurs make indeed more intuitive choices than managers, but are equally …
Persistent link: https://www.econbiz.de/10011739416
Persistent link: https://www.econbiz.de/10003689998
Persistent link: https://www.econbiz.de/10003874313
When managers are sufficiently guided by social preferences, incentive provision through an organizational mode based on informal implicit contracts may provide a cost-effective alternative to a more formal mode based on explicit contracts and monitoring. This paper reports the results from a...
Persistent link: https://www.econbiz.de/10011374422
In this paper we want to analyze the internal divisional structure within an organi-zation in the framework of incomplete contract theory. We use the framework of Aghionand Tirole (1997) and define the managerial control structure as sequence of search.A key feature of this paper which...
Persistent link: https://www.econbiz.de/10011378948