Bayesian entrepreneurship edited by Ajay Agrawal [and five others]

Format:

Book

Contributor:

Agrawal, Ajay, editor.

Language:

English

Subjects (All):

Entrepreneurship--Mathematical models.

Entrepreneurship.

Entrepreneurship--Decision making.

Physical Description:

1 online resource

Place of Publication:

Cambridge, Massachusetts The MIT Press [2026]

Summary:

"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 between an entrepreneur’s prior beliefs and their capacity for learning and experimentation to update those beliefs. This dynamic process allows entrepreneurs to formulate and test theories about value creation and capture, attract resources and capabilities, and implement effective entrepreneurial strategies"-- MIT Press Direct

Contents:

The foundations of Bayesian entrepreneurship / Ajay Agrawal, Arnaldo Camuffo, Alfonso Gambardella, Joshua Gans, Erin L. Scott, and Scott Stern

Homo entrepreneuricus / Alfonso Gambardella, Luca Gius, and Scott Stern

Knightian uncertainty and Bayesian entrepreneurship / Joshua Gans

Bayesian entrepreneurship : A user’s perspective / Ashish Arora

Entrepreneurs : Clueless, biased, poor heuristics, or Bayesian machines? / Thomas Åstebro, Frank M. Fossen, and Cédric Gutierrez

Causal reasoning and the scientific entrepreneur : Beyond Bayes / Timo Ehrig, Teppo Felin, and Todd Zenger

A scientific approach to entrepreneurial decision-making as Bayesian learning / Elena Novelli

Priors, experiments, learning, and persuasion in (Bayesian) entrepreneurial finance / Ramana Nanda

Learning from data in entrepreneurial experimentation / Hyunjin Kim

Charting (and updating) the path : A Bayesian perspective on entrepreneurial learning / Joshua L. Krieger

Advice and the Bayesian entrepreneur / Susan Cohen and Rembrand Koning

Entrepreneurial strategy pedagogy and practice : Learning, commitment, and choice / Erin L. Scott

What helps entrepreneurs learn : Reflections, new directions, and open questions / Chiara Spina

Introducing causal reasoning into entrepreneurial pedagogy and practice / Andrea Coali, Claudia Frosi, Diego Jannace, Saeid Kazemi, and Abhinav Pandey

Notes:

Includes bibliographical references and index

Online resource; title from PDF title page (MIT Press Direct, viewed June 4, 2026)

Other Format:

Print version Bayesian entrepreneurship

ISBN:

9780262052160

0262052164

9780262052177

0262052172

OCLC:

1586887550

Access Restriction:

Some versions Open access versions available from some providers open access