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  <http://purl.org/dc/terms/title> "Risk Taking by Entrepreneurs";
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  <http://purl.org/dc/elements/1.1/creator> "Hopenhayn, Hugo Andres",
    "Vereshchagina, Galina";
  <http://purl.org/dc/elements/1.1/publisher> "Federal Reserve Bank of Minneapolis";
  <http://purl.org/dc/elements/1.1/relation> "Risk taking",
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    "Borrowing constraints",
    "Intertemporal firm choice",
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  <http://purl.org/dc/elements/1.1/subject> "G32 - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill",
    "L25 - Firm Performance: Size, Diversification, and Scope",
    "E21 - Macroeconomics: Consumption; Saving; Wealth",
    "L26 - Entrepreneurship";
  <http://purl.org/dc/terms/abstract> "Entrepreneurs bear substantial risk, but empirical evidence shows no sign of a positive premium. This paper develops a theory of endogenous entrepreneurial  risk taking that explains why self-financed entrepreneurs may find it optimal to invest into risky projects offering no risk premium. The model has also a number of implications for firm dynamics supported by  empirical evidence, such as a positive correlation between survival, size, and firm age."^^<http://ns.ontowiki.net/SysOnt/Markdown>;
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