Strategic and natural risk in entrepreneurship: an experimental study
We report on the results of experiments where participants choose between entrepreneurship and an outside option. Entrepreneurs enter a market and then make investment decisions to capture value. Payoffs depend on both strategic risk (i.e. the investments of other entrepreneurs) and natural risk (i....
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Wiley
2016
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| Online Access: | http://eprints.nottingham.ac.uk/34334/ http://eprints.nottingham.ac.uk/34334/ http://eprints.nottingham.ac.uk/34334/ http://eprints.nottingham.ac.uk/34334/8/Morgan_et_al-2016-Journal_of_Economics_%26_Management_Strategy.pdf |