Based on a large, representative German household panel, we investigate to what extent the personality of individuals influences the entry decision into and the exit decision from self-employment. We reveal that some traits, such as openness to experience, extraversion, and risk tolerance affect...

Experimental evidence reveals that there is a strong willingness to trust and to act in both positively and negatively reciprocal ways. So far it is rarely analyzed whether these variables of social cognition influence everyday decision making behavior. We focus on entrepreneurs who are...

Understanding the factors that affect how one transitions from school to the labor market and finally to retirement isimportant both to the individual and to the policy maker. This volume containsseven original and innovative articles that analyze aspects of such labormarket transitions....