question though: what makes individuals pursue entrepreneurship which engages too much risk for an unsure, or too little … of seeing the risk or/and measure it, or is it that they consciously perceive a different dimension of risk involved in … risk is rather unsupported according to their findings. Although there are some cases where entrepreneurs appear to be more …

entrepreneurship. We begin by documenting a set of facts that seem to pose a challenge for interpretations of entrepreneurship based on … interpretations — risk aversion, overconfidence, and non-pecuniary, taste-based factors — for understanding the empirical facts … related to the entry into, and persistence in entrepreneurship. The central thesis of this article is that while all these …

investigate the link between risk aversion and entrepreneurship in migrant communities. Using an original representative household … risk preferences and entrepreneurship reported in previous studies. …Do more risk loving migrants opt for self-employment? We use a novel vignette-adjusted measure of risk preferences to …

Based on an entrepreneurial model having historical roots in Knight (1921), a competitive general equilibrium theory of … or working for a risk-free wage--i.e., the individuals differ only in their willingness to bear risk. Individuals who are … less averse to risk are more likely to become entrepreneurs, while the individuals who are more averse to risk work as …

In this article we test the main hypotheses of the behavioural theory of entrepreneurship, namely that risk preferences … sense postulated by Prospect Theory. We use an experimental methodology to elicit risk preferences and we manipulate … assess the relationship between risk preferences and correlates at the firm and individual level. Although causality cannot …