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Trust is an important determinant of start-up financing. In a simple agentbased model it is determined what the best … collective optimum. Trust depends on a measure of social distance and is the precondition for investment. Trust increases and … individual investor to deviate from this strategy and to be less easily disappointed, but to decrease trust in larger steps. In a …
Persistent link: https://www.econbiz.de/10010206205
Trust is an important determinant of start-up fi nancing. In a simple agentbased model it is determined what the best … collective optimum. Trust depends on a measure of social distance and is the precondition for investment. Trust increases and … individual investor to deviate from this strategy and to be less easily disappointed, but to decrease trust in larger steps. In a …
Persistent link: https://www.econbiz.de/10010723151
Trust is an important determinant of start-up financing. In a simple agent-based model it is determined what the best … collective optimum. Trust depends on a measure of social distance and is the precondition for investment. Trust increases and … individual investor to deviate from this strategy and to be less easily disappointed, but to decrease trust in larger steps. In a …
Persistent link: https://www.econbiz.de/10013073239
Trust is an important determinant of start-up financing. In a simple agentbased model it is determined what the best … collective optimum. Trust depends on a measure of social distance and is the precondition for investment. Trust increases and … individual investor to deviate from this strategy and to be less easily disappointed, but to decrease trust in larger steps. In a …
Persistent link: https://www.econbiz.de/10013060316
Persistent link: https://www.econbiz.de/10011700969
Conventional wisdom suggests labor market declines drive workers towards temporary entrepreneurship and self … a period of high unemployment does increase entry to entrepreneurship. However, based on multiple measures of success …
Persistent link: https://www.econbiz.de/10012855390
Cognitive biases lead entrepreneurs to overinvest in their own companies, over exposing themselves to idiosyncratic risk. Our novel theoretical model explains entrepreneurial underdiversification by measuring the amount of potential bias in entrepreneurs' portfolio allocations brought about by...
Persistent link: https://www.econbiz.de/10012983400
This paper investigates impact of cultural origin on entrepreneurship. Using Swedish registry data on second …’ home countries affect entrepreneurship. We find that children of immigrants from more risk-loving cultures are more likely … to enter entrepreneurship and establish larger firms that are less profitable. We also observe that culturally inherited …
Persistent link: https://www.econbiz.de/10014348929
I utilize data from the World Values Survey to construct individual confidence measures for a large cross-section of individuals from 12 countries and study how confidence relates to basic economic attitudes. I find that more confident individuals (i) are more risk-taking and entrepreneurial;...
Persistent link: https://www.econbiz.de/10010693376
Cognitive biases lead entrepreneurs to overinvest in their own companies, over exposing themselves to idiosyncratic risk. Our novel theoretical model explains entrepreneurial under-diversification by measuring the amount of potential bias in entrepreneurs' portfolio allocations brought about by...
Persistent link: https://www.econbiz.de/10011703409