Showing 1 - 7 of 7
Similar to Kübler et al. (2008, GEB 64, p. 219-236), we compare sorting in games with asymmetric incomplete information theoretically and experimentally. Rather than distinguishing two very different sequential games, we use the same game format and capture the structural difference of...
Persistent link: https://www.econbiz.de/10010884481
If the future market wage is uncertain, engaging in long-term employment is risky, with the risk depending on how regulated the labor market is. In our experiment long-term employment can result either from offering long-term contracts or from repeatedly and mutually opting for rematching....
Persistent link: https://www.econbiz.de/10008509219
In this paper the profitability of German car manufacturing firms is related to different indicators for the knowledge … information about the kind of exit of the firms is exploited to construct a latent profitability variable. Knowledge is … knowledge is significantly positively related to firm profitability and that each of the three knowledge forms exerts an …
Persistent link: https://www.econbiz.de/10005105645
We experimentally investigate competition in innovation in a patent race scenario. Pairs of subjects compete as seller … firms on a duopoly market, engaging in risky search investments. Successful innovation is rewarded through temporary …
Persistent link: https://www.econbiz.de/10005090501
knowledge, namely post-entry experience, pre-entry experience, and knowledge acquired by innovative activity. Therefore, a … approach that links instrumental variable estimation with the Cox regression. The main results are that all three knowledge …
Persistent link: https://www.econbiz.de/10005105644
Knowledge is one of the most important determinants in single-industry studies of firm survival over the life cycle …. Different kinds of knowledge, namely post-entry experience, pre-entry experience, and knowledge acquired by innovative activity … positively influence the survival chances of firms. This paper investigates how the kinds of knowledge are able to compensate for …
Persistent link: https://www.econbiz.de/10005105647
For given product specifications by two competing firms the demand levels are determined by a randomly generated ideal composition of aspects. Firms can vary some or all aspects of these products, based on information about own (and other's) previous demand. Although the product space is much...
Persistent link: https://www.econbiz.de/10005739730