Abstract
There are several theories of the entrepreneur, but very few mathematical models which formally analyse entrepreneurial behaviour within a closed economic system. Indeed, it is often argued that by its very nature entrepreneurial behaviour cannot be predicted using deterministic models. Entrepreneurship, it is claimed, is essentially a spontaneous and evolutionary phenomenon.
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Casson, M. (2018). Entrepreneur. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_426
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DOI: https://doi.org/10.1057/978-1-349-95189-5_426
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