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A Psychosocial Cognitive Model of Employment Status Choice

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  • Jerome A. Katz

Abstract

A model of employment status (self-employed vs. wage-or-salary employed) choice based on psychological, sociological and cognitive variables resolves the traditional shortcomings of occupational tracking models (general applicability, black box treatment of individual processes, and tracking exceptions or “failures†) by using the cognitive heuristics of availability, representativeness and adjustment from an anchor. The model is presented, its components and processes are described, it is partially operationalized in a small example, and implications for future use are briefly considered.

Suggested Citation

  • Jerome A. Katz, 1992. "A Psychosocial Cognitive Model of Employment Status Choice," Entrepreneurship Theory and Practice, , vol. 17(1), pages 29-37, October.
  • Handle: RePEc:sae:entthe:v:17:y:1992:i:1:p:29-37
    DOI: 10.1177/104225879201700104
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    References listed on IDEAS

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    1. Ronstadt, Robert, 1988. "The Corridor Principle," Journal of Business Venturing, Elsevier, vol. 3(1), pages 31-40.
    2. Norman R. Smith & John B. Miner, 1983. "Type of entrepreneur, type of firm, and managerial motivation: Implications for organizational life cycle theory," Strategic Management Journal, Wiley Blackwell, vol. 4(4), pages 325-340, October.
    3. Carroll, Glenn R. & Mosakowski, Elaine M., 1987. "The Career Dynamics of Self-Employment," Institute for Research on Labor and Employment, Working Paper Series qt13p1n10b, Institute of Industrial Relations, UC Berkeley.
    4. Thomas J. Naughton, 1987. "Quality of Working Life and the Self-Employed Manager," Entrepreneurship Theory and Practice, , vol. 12(2), pages 33-40, October.
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