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This paper presents the Bomb Risk Elicitation Task (BRET), an intuitive procedure aimed at measuring risk attitudes. Subjects decide how many boxes to collect out of 100, one of which containing a bomb. Earnings increase linearly with the number of boxes accumulated but are zero if the bomb is...
Persistent link: https://www.econbiz.de/10010598573
also for entrepreneurship, innovation, and thus, economic growth. We analyze the level and the determinants of self … entrepreneur. Investigating the determinants of entrepreneurship within the creative class as compared to non-creative professions …
Persistent link: https://www.econbiz.de/10010896270
Drawing on representative household data from the German Socio-Economic Panel, we examine the role of an early precursor of entrepreneurial development - parental role models - for the individual decision to become self-employed in the post-unified Germany. The findings suggest that the...
Persistent link: https://www.econbiz.de/10010787010