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Who are the microenterprise owners? Evidence from Sri Lanka on Tokman v. de Soto
De Mel, Suresh; McKenzie, David; Woodruff, Christopher - 2008
Is the vast army of the self-employed in low income countries a source of employment generation? We use data from surveys in Sri Lanka to compare the characteristics of own account workers (non-employers) with wage workers and with owners of larger firms. We use a rich set of measures of...
Persistent link: https://www.econbiz.de/10010268591
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Can we measure individual risk attitudes in a survey?
Ding, Xiaohao; Hartog, Joop; Sun, Yuze - 2010
We combine a survey and an experiment with real pay-out among Peking University students to measure and validate individual risk attitudes. The experiment involves choosing between a cash payment and playing a lottery. The survey questions ask for the reservation price of a hypothetical lottery...
Persistent link: https://www.econbiz.de/10010269679
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Incentive effects on risk attitude in small probability prospects
Lefèbvre, Mathieu; Vieider, Ferdinand M.; Villeval, … - 2009
Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental investigations. This may however raise an issue of sequentiality of effects as later choices may be influenced by earlier ones. This paper reports instead between-subject results on the...
Persistent link: https://www.econbiz.de/10010277023
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Gender differences in risk aversion and ambiguity aversion
Borghans, Lex; Golsteyn, Bart H. H.; Heckman, James Joseph - 2009
This paper demonstrates gender differences in risk aversion and ambiguity aversion. It also contributes to a growing literature relating economic preference parameters to psychological measures by asking whether variations in preference parameters among persons, and in particular across genders,...
Persistent link: https://www.econbiz.de/10010274253
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The relationship between economic preferences and psychological personality measures
Becker, Anke; Deckers, Thomas; Dohmen, Thomas; Falk, Armin - 2012
Although both economists and psychologists seek to identify determinants of heterogeneity in behavior, they use different concepts to capture them. In this review we first analyze the extent to which economic preferences and psychological concepts of personality - such as the Big Five and locus...
Persistent link: https://www.econbiz.de/10010282182
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What a Difference a Y Makes : Female and Male Nascent Entrepreneurs in Germany
Wagner, Joachim - 2004
In western industrialized countries men are on average more than twice as active in entrepreneurship as women. Based on data from a recent representative survey of the adult population in Germany this paper uses an empirical model for the decision to become selfemployed to test for differences...
Persistent link: https://www.econbiz.de/10010261884
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The impact of risk attitudes on entrepreneurial survival
Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander S. - 2008
rates of entrepreneurs. Whereas recent research underpins the theoretical proposition of a positive correlation between risk … entrepreneurs. The empirical results confirm that persons whose risk attitudes are in the medium range survive significantly longer … as entrepreneurs than do persons with particularly low or high risks. …
Persistent link: https://www.econbiz.de/10010274532
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Gender, risk and venture creation intentions
Dawson, Christopher; Henley, Andrew - 2012
This paper is concerned with whether women are less likely to express business start-up intentions because of a less favourable attitude to risk. Previous research suggests that attitude to risk differs significantly between genders, but has not addressed the question of whether this contributes...
Persistent link: https://www.econbiz.de/10010289963
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Integrating personality psychology into economics
Heckman, James J. - 2011
This paper reviews the problems and potential benefits of integrating personality psychology into economics. Economists have much to learn from and contribute to personality psychology.
Persistent link: https://www.econbiz.de/10010280682
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Are Nascent Entrepreneurs Jacks-of-All-Trades? A Test of Lazear's Theory of Entrepreneurship with German Data
Wagner, Joachim - 2003
roles increases the probability of becoming an entrepreneur. The intuition behind this proposition is that entrepreneurs …
Persistent link: https://www.econbiz.de/10010261621