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Full-Text Articles in Social and Behavioral Sciences

Essays On Entrepreneurial Financing, Ye Jia Mar 2011

Essays On Entrepreneurial Financing, Ye Jia

Electronic Thesis and Dissertation Repository

This thesis consists of three chapters on the impact of different government policies on entrepreneurial financing. In the first chapter, by quantitatively evaluating the impact of different personal bankruptcy regimes on entrepreneurship in a life-cycle model with occupational choices, I conclude that personal bankruptcy law affect entrepreneurship mainly through the insurance effect rather than the borrowing cost effect. In addition, I find that variations in bankruptcy regimes have very different impacts on households with different abilities, and changes in the length of post-bankruptcy punishments have the largest impact on entrepreneurship compared to variations in other dimensions of the bankruptcy regime. …


A Measure Of Entrepreneurial Risk Preference And Optimism Using Field Experiments, Mark Schneider Jan 2005

A Measure Of Entrepreneurial Risk Preference And Optimism Using Field Experiments, Mark Schneider

Electronic Theses and Dissertations

Previous studies have underscored the economic importance of the role of the entrepreneur, and empirical studies testing the nature of the entrepreneur are notably lacking. This study directly addresses this issue by examining newly gathered field data which captures the decision making and risk behaviors for a group of high-technology entrepreneurs. Two decision making tasks were used to elicit risk aversion measures and to test for any 'joy of winning' or judgmental errors, possibly in the form of over optimistic behavior. These elicitations were made with the use of multiple price formats and winner's curse experiments. 62 responses were collected …