Using the 2006 wave of the Chinese General Social Survey, the present paper examines the effect of risk attitudes on the likelihood of entrepreneurship in China. Our results show that risk attitudes have a nonlinear effect on the likelihood of being entrepreneurs. Risk neutral people are most...

In this paper, we give the extensions of Peng's g-expectations which are called generalized Peng's g-expectations and investigate their related properties. Furthermore, we prove the stability theorem of generalized Peng's g-expectations.

Although there is a rich literature on internal temporary migration in China, few existing studies deal with the permanent migration decision of China's rural labor. This paper will fill this gap and deal with the permanent migration choice made by rural migrants with the China General Social...