Entrepreneurs Under Uncertainty: An Economic Experiment in China
Författare
Summary, in English
This study reports findings from the first large-scale experiment investigating whether entrepreneurs differ 1 from other people in their willingness to expose themselves to various forms of uncertainty. A stratified random sample of 700 chief executive officers from the Yangzi delta region in China is compared to 200 control group members. Our findings suggest that in economic decisions, entrepreneurs are more willing to accept strategic uncertainty related to multilateral competition and trust. However, entrepreneurs do not differ from ordinary people when it comes to nonstrategic forms of uncertainty, such as risk and ambiguity.
Avdelning/ar
Publiceringsår
2013
Språk
Engelska
Sidor
1671-1687
Publikation/Tidskrift/Serie
Management Science
Volym
59
Issue
7
Fulltext
- Available as PDF - 313 kB
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Länkar
Dokumenttyp
Artikel i tidskrift
Förlag
Informs
Ämne
- Economics
Nyckelord
- economics
- behavior and behavioral decision making
- decision analysis
- risk
- microeconomic behavior
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 0025-1909