Risk, uncertainty and entrepreneurship: Evidence from a lab-in-The-field experiment

Martin Koudstaal; Randolph Sloof; Mirjam Van Praag

doi:10.5465/AMBPP.2015.114

Risk, uncertainty and entrepreneurship: Evidence from a lab-in-The-field experiment

Martin Koudstaal, Randolph Sloof, Mirjam Van Praag

Research output: Contribution to Conference › Paper › Academic

Abstract

We study risk attitudes of entrepreneurs, managers and employees (n = 2,288). The results indicate that entrepreneurs are only unique in their lower degree of loss aversion and not in their risk or ambiguity aversion. We further show that loss aversion can partly explain the current mixed evidence.

Original language	English
Pages	1280-1285
Number of pages	6
DOIs	https://doi.org/10.5465/AMBPP.2015.114
Publication status	Published - 1 Jan 2015
Externally published	Yes
Event	75th Annual Meeting of the Academy of Management, AOM 2015 - Vancouver, Canada Duration: 7 Aug 2015 → 11 Aug 2015

Conference

Conference	75th Annual Meeting of the Academy of Management, AOM 2015
Country/Territory	Canada
City	Vancouver
Period	7/08/15 → 11/08/15

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Risk, uncertainty and entrepreneurship: Evidence from a lab-in-The-field experiment

Abstract

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