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Do entrepreneurs consider the risk of their business equity when making investment portfolio allocations? Many people compartmentalize different risks and consider them separately, called mental accounting. Alternatively, the risk substitution hypothesis suggests that entrepreneurs would offset...
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limited. In this paper, we show that entry into entrepreneurship itself plays a decisive role in shaping risk preferences. We … of entrepreneurship. The findings suggest that studies assuming that risk attitudes are stable over time suffer from …
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question though: what makes individuals pursue entrepreneurship which engages too much risk for an unsure, or too little …
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entrepreneurship. We begin by documenting a set of facts that seem to pose a challenge for interpretations of entrepreneurship based on … related to the entry into, and persistence in entrepreneurship. The central thesis of this article is that while all these …
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investigate the link between risk aversion and entrepreneurship in migrant communities. Using an original representative household … aversion and entrepreneurship. Our results show that the use of vignettes improves the significance of the results, as they … risk preferences and entrepreneurship reported in previous studies. …
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