Faragó, Klára; Kiss, Orhidea; Boros, János - In: Journal of Behavioral and Experimental Economics … 37 (2008) 6, pp. 2231-2241
Entrepreneurs', college students' and criminals' risk-taking were compared in hypothetical bet situations. The level of uncertainty and the amount staked were varied in gain and loss situations. Potential profit motivates entrepreneurs to choose higher stakes, expected loss will prompt the...