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Record W3121554189

The Effect of Aging on Entrepreneurial Behavior

2006· article· en· W3121554189 on OpenAlexaff
Moren Lévesque, Maria Minniti

Bibliographic record

VenueSSRN Electronic Journal · 2006
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic Growth and Productivity
Canadian institutionsUniversity of Waterloo
Fundersnot available
KeywordsRisk aversion (psychology)Liberian dollarWageEconomicsMicroeconomicsLabour economicsDemographic economicsExpected utility hypothesisFinanceFinancial economics
DOInot available

Abstract

fetched live from OpenAlex

The largest percentage of individuals seeking tocreate new firms are between the ages of 25 and 35. Consequently, therole that aging plays in entrepreneurial behavior is examined.UsingBecker's theory of time allocation, a model is created toidentify athreshold age at which an individual's willingness to invest time in startingnew firms declines. The model makes the assumption that individuals distribute their timebetween income-producing activities and leisure.There is a particular agefor each individual at which the allocation between the income-producingactivities and leisure provides maximum expected utility. The model demonstrates that risk aversion and wealth are key factors in anindividual's decision to pursue a new venture.As individuals grow older,the discount associated with each dollar of future income increases.Inturn, those activities that require a time commitment before an income isproduced are not viewed as being as attractive as wage labor, where the returnis immediate. The model presented can be adapted to consider other factors that may bepertinent to an individual's decision to become an entrepreneur.(SRD)

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.008
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.005
Threshold uncertainty score0.017

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.008
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0010.001
Open science0.0000.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0050.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.006
GPT teacher head0.194
Teacher spread0.188 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations18
Published2006
Admission routes1
Has abstractyes

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