This paper analyses the effect of risk attitudes of firm owners on profits among micro and small enterprises (MSEs) in … Lagos, Nigeria. Higher risk perceptions are shown to have a significant positive effect on profits, whereas risk propensity … firms earn lower profits. Overall, the results suggest that being aware and dealing cautiously with risk leads to higher …

countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …This paper deals with the influence of cultural attitudes towards uncertainty on the level of businessownership across …

that highlights this interaction. Theory points to an expected linkage between service sector competition and goods trade …

of uncertainty on travel times and the implications this has forestimations of travel time values has received much less … attention in the literature. In thispaper we compare various modelling approaches to address uncertainty and demonstrate … thatignoring uncertainty issues may easily lead to distorted estimates of values of travel time. Thisis of special relevance in …