Fossen, Frank M. - Fachbereich Wirtschaftswissenschaft, Freie Universität … - 2012
Why do people engage in entrepreneurship and commit large parts of their personal wealth to their business, despite … comparably low returns and high risk? This paper connects several streams of literature to shed some light on this puzzle and … financial markets and that entrepreneurs are less risk-averse than the rest of the population. A focus of this paper is …