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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.

Publiceringsår

2013

Språk

Engelska

Sidor

1671-1687

Publikation/Tidskrift/Serie

Management Science

Volym

59

Issue

7

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