Home > Research > Publications & Outputs > Entrepreneurship Under Risk and Uncertainty

Links

Text available via DOI:

View graph of relations

Entrepreneurship Under Risk and Uncertainty: A Review of the Experimental Evidence

Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSNChapter (peer-reviewed)peer-review

Published

Standard

Entrepreneurship Under Risk and Uncertainty : A Review of the Experimental Evidence. / Georgalos, Konstantinos.

Inside the Mind of the Entrepreneur: Contributions to Management Science. ed. / Ana Tur Porcar; Domingo Ribeiro Soriano. Cham : Springer, 2017. p. 59-74.

Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSNChapter (peer-reviewed)peer-review

Harvard

Georgalos, K 2017, Entrepreneurship Under Risk and Uncertainty: A Review of the Experimental Evidence. in A Tur Porcar & D Ribeiro Soriano (eds), Inside the Mind of the Entrepreneur: Contributions to Management Science. Springer, Cham, pp. 59-74. https://doi.org/10.1007/978-3-319-62455-6_5

APA

Georgalos, K. (2017). Entrepreneurship Under Risk and Uncertainty: A Review of the Experimental Evidence. In A. Tur Porcar, & D. Ribeiro Soriano (Eds.), Inside the Mind of the Entrepreneur: Contributions to Management Science (pp. 59-74). Springer. https://doi.org/10.1007/978-3-319-62455-6_5

Vancouver

Georgalos K. Entrepreneurship Under Risk and Uncertainty: A Review of the Experimental Evidence. In Tur Porcar A, Ribeiro Soriano D, editors, Inside the Mind of the Entrepreneur: Contributions to Management Science. Cham: Springer. 2017. p. 59-74 https://doi.org/10.1007/978-3-319-62455-6_5

Author

Georgalos, Konstantinos. / Entrepreneurship Under Risk and Uncertainty : A Review of the Experimental Evidence. Inside the Mind of the Entrepreneur: Contributions to Management Science. editor / Ana Tur Porcar ; Domingo Ribeiro Soriano. Cham : Springer, 2017. pp. 59-74

Bibtex

@inbook{27bd017c91294d58bb79e573c60b8028,
title = "Entrepreneurship Under Risk and Uncertainty: A Review of the Experimental Evidence",
abstract = "A considerable amount of research has been devoted in an effort to identify the behavioural traits that distinguish entrepreneurs from other people. A strand of the literature investigates the attitudes that entrepreneurs exhibit towards uncertainty, either objective (risk) or subjective (ambiguity). Indeed, the standard theory predicts that people, who are involved in entrepreneurial activities, tend to have distinct risk and ambiguity attitudes compared to those who engage in salary-paid employment. Nevertheless, the empirical evidence on this topic, based on field data, is mixed. Recently, methods from the experimental economics literature have been employed in order to shred light to this issue. This chapter provides an extensive review of the literature that experimentally studies the correlation between uncertainty attitudes and entrepreneurial decision making. The chapter concludes with a discussion of potential paths for further research.",
keywords = "Risk , Ambiguity , Entrepreneurship, Experiment , Aversion to uncertainty ",
author = "Konstantinos Georgalos",
year = "2017",
month = sep,
day = "16",
doi = "10.1007/978-3-319-62455-6_5",
language = "English",
isbn = "9783319624549",
pages = "59--74",
editor = "{Tur Porcar}, Ana and {Ribeiro Soriano}, Domingo",
booktitle = "Inside the Mind of the Entrepreneur",
publisher = "Springer",

}

RIS

TY - CHAP

T1 - Entrepreneurship Under Risk and Uncertainty

T2 - A Review of the Experimental Evidence

AU - Georgalos, Konstantinos

PY - 2017/9/16

Y1 - 2017/9/16

N2 - A considerable amount of research has been devoted in an effort to identify the behavioural traits that distinguish entrepreneurs from other people. A strand of the literature investigates the attitudes that entrepreneurs exhibit towards uncertainty, either objective (risk) or subjective (ambiguity). Indeed, the standard theory predicts that people, who are involved in entrepreneurial activities, tend to have distinct risk and ambiguity attitudes compared to those who engage in salary-paid employment. Nevertheless, the empirical evidence on this topic, based on field data, is mixed. Recently, methods from the experimental economics literature have been employed in order to shred light to this issue. This chapter provides an extensive review of the literature that experimentally studies the correlation between uncertainty attitudes and entrepreneurial decision making. The chapter concludes with a discussion of potential paths for further research.

AB - A considerable amount of research has been devoted in an effort to identify the behavioural traits that distinguish entrepreneurs from other people. A strand of the literature investigates the attitudes that entrepreneurs exhibit towards uncertainty, either objective (risk) or subjective (ambiguity). Indeed, the standard theory predicts that people, who are involved in entrepreneurial activities, tend to have distinct risk and ambiguity attitudes compared to those who engage in salary-paid employment. Nevertheless, the empirical evidence on this topic, based on field data, is mixed. Recently, methods from the experimental economics literature have been employed in order to shred light to this issue. This chapter provides an extensive review of the literature that experimentally studies the correlation between uncertainty attitudes and entrepreneurial decision making. The chapter concludes with a discussion of potential paths for further research.

KW - Risk

KW - Ambiguity

KW - Entrepreneurship

KW - Experiment

KW - Aversion to uncertainty

U2 - 10.1007/978-3-319-62455-6_5

DO - 10.1007/978-3-319-62455-6_5

M3 - Chapter (peer-reviewed)

SN - 9783319624549

SP - 59

EP - 74

BT - Inside the Mind of the Entrepreneur

A2 - Tur Porcar, Ana

A2 - Ribeiro Soriano, Domingo

PB - Springer

CY - Cham

ER -