No image available for this title

Text

Entrepreneuring as a puzzle: an attempt to its explanation with truncation of subjective probability distribution of prospects

This research presents entrepreneuring as a puzzle where entrepreneurs venture at a risk-return level that is worse than that of the private equity index and much worse than the public equity index. Under subjective rationality, we explain this puzzle by the possibility that entrepreneurs configure their outlook by dismissing some possible future performance states. Their forward view reflects a truncated and conditional distribution with overcredence. The unfavorable odds under a nontruncated distribution become very attractive after truncation..Printed journal

Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit Strategic Management Society.,
Edisi -
Subjek Risk
Entrepreneur
Return
Conditional distributionm
Decision heuristics
Subjective probability distributions
ISBN/ISSN 19324391
Klasifikasi -
Deskripsi Fisik -
Info Detail Spesifik -
Other Version/Related Tidak tersedia versi lain
Lampiran Berkas Tidak Ada Data