Research suggests that entrepreneurs tend to seek to maximize utility when considering whether to pursue a new venture opportunity. However, when choosing whether to persist with their current venture or not, utility maximization may not be of primary importance. Using a conjoint experiment, we examine the difference between policies in...
Natural resource decisions require consideration at many levels, ranging from how one invertebrate will be affected by a nearby road, to how an entire watershed will be transformed by a massive clearcut. Considerations reach farther than just the local ecological community-human communities, economies, and future impacts on the communities and...