Caliendo, Marco (contributor); Fossen, Frank M. (contributor) - 2006
The influence of risk aversion on the decision to become self-employed is a much discussed topic in the entrepreneurial …, however, mainly because reliable measures of risk aversion are not available. We base our analysis on the most recent waves of …, individuals with lower risk aversion are more likely to become self-employed. Sensitivity analysis reveals, however, that this is …