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We study a class of symmetric strategic experimentation games. Each of two players faces a (exponential) two-armed bandit problem, and must decide when to stop experimenting with the risky arm. The equilibrium amount of experimentation depends on the degree to which experimentation outcomes are...
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L'article présente le document publié par le Comité de Bâle, redéfinissant le champ de la fonction compliance …
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Measurement of productivity in the service sector has always represented a challenge for economists. "Productivity in the U.S. Services Sector: New Sources of Economic Growth", by Jack Triplett and Barry Bosworth from the Brookings Institution is reviewed. The authors have produced a textbook on...
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interpretation of productivity measures. In terms of the research and development agenda for productivity statistics, Schreyer …
Persistent link: https://www.econbiz.de/10005518991
In this text, we review some recent developments in econometrics that may be of interest to specialists in other areas than economics, and we discuss some relations of econometric methodology with general themes of scientific methodology and philosophy of science, such as the falsifiability...
Persistent link: https://www.econbiz.de/10005100745