On the Simultaneity Bias in the Relationship Between Risk Attitudes, Entry into Entrepreneurship and Entrepreneurial Survival

We consider the simultaneity bias when examining the effect of individual risk attitudes on entrepreneurship. We demonstrate that entry into self-employment is related to changes in risk attitudes. We further show that these changes are correlated with the probability to remain in entrepreneurship.

01. January 2017

Authors Matthias Brachert Walter Hyll Mirko Titze

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