The Risk Advantage: How Risk Preferences Fuel Entrepreneurship
Date and Time
Understanding how people perceive and react to risks is essential for shaping effective incentives to entrepreneurship. People typically tend to be attracted to upside risk (e.g. prizes, and competitive grants) and repelled by downside risk (e. g. asking for a loan with collateral). This presentation shows economic experiments that reveal these patterns. Practical examples are provided about: what motivates action, what holds people back, and how to nudge smarter decisions. The goal: policies and programs that spark entrepreneurship, support savings and responsible borrowing, and, in turn, boost broad economic progress.
Irene Comeig, PhD
Associate Professor in Finance
Real Colegio Complutense, Harvard
ERI-CES and University of Valencia
Sponsors:
RCCHU;
Conselleria de Innovacion, Universidades, Ciencia y Sociedad Digital, of the Generalitat Valenciana, under the Excellence Program: PROMETEO 2023 - CIPROM/2022/029.
