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August 1, 1979Journal of Political Economy

A General Equilibrium Entrepreneurial Theory of Firm Formation Based on Risk Aversion

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Authors

RKRichard E. KihlstromUniversity of PennsylvaniaJLJean‐Jacques LaffontUniversity of Southern California

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Kihlstrom et al. (1979) studied this question.

synapsesocial.com/papers/6a10cb615e6663f9d264708ehttps://doi.org/10.1086/260790
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