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BAYESIAN ENTREPRENEURSHIP ebook

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• Format: pdf / epub / kindle
• ISBN: 9780262052177
• Publisher: The Mit Press

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Overview A novel framework for how entrepreneurs can use Bayesian reasoning to make decisions.This edited volume introduces and explores the concept of Bayesian entrepreneurship, a novel framework for understanding entrepreneurial decision-making under uncertainty. It brings together contributions from leading scholars to examine how entrepreneurs form beliefs about opportunities, learn through experimentation, and make strategic decisions.The Bayesian approach emphasizes the critical interaction...

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