Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared … to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate … educational choice, which involves the comparison of risky future income paths and therefore depends on risk and time preferences …

Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared … to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate … educational choice, which involves the comparison of risky future income paths and therefore depends on risk and time preferences …

Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared … to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate … educational choice, which involves the comparison of risky future income paths and therefore depends on risk and time preferences …

Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared … to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate … educational choice, which involves the comparison of risky future income paths and therefore depends on risk and time preferences …

comparably low returns and high risk has become known as the private equity premium puzzle. This paper provides evidence … supporting the hypothesis that lower risk aversion of entrepreneurs, and not necessarily credit constraints, may explain this … portfolios and experimentally validated risk attitudes. The results show that both the ownership probability and the conditional …

includes a standard risk aversion parameter. As inputs into the model, the expected value and variance of earnings from self … for nonlinear models. Women's higher estimated risk aversion is found to explain the largest part of their higher exit …

parameter of risk aversion. The simulation results indicate that flatter tax systems do not encourage, but rather discourage … people from choosing self-employment. This is explained by the reduction of entrepreneurs' income risk through progressive … taxation. -- Entrepreneurship ; income taxation, risk ; tax reform 2000 ; flat tax …

includes a standard risk aversion parameter. As inputs into the model, the expected value and variance of earnings from self … for nonlinear models. Women's higher estimated risk aversion is found to explain the largest part of their higher exit … rate, but only a small part of their lower entry rate. -- Entrepreneurship ; self-employment ; risk aversion ; gender …

The influence of risk aversion on the decision to become self-employed is a much discussed topic in the entrepreneurial … more risk-averse individuals are less likely to become entrepreneurs. Empirical tests of this assumption are scarce …, however, mainly because reliable measures of risk aversion are not available. We base our analysis on the most recent waves of …