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

Martin Koudstaal, Randolph Sloof, Mirjam Van Praag

Research output: Contribution to ConferencePaperAcademic

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 languageEnglish
Pages1280-1285
Number of pages6
DOIs
Publication statusPublished - 1 Jan 2015
Externally publishedYes
Event75th Annual Meeting of the Academy of Management, AOM 2015 - Vancouver, Canada
Duration: 7 Aug 201511 Aug 2015

Conference

Conference75th Annual Meeting of the Academy of Management, AOM 2015
Country/TerritoryCanada
CityVancouver
Period7/08/1511/08/15

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