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We use a unique hand collected data set of 6 258 auctions from the online football manager game Hattrick to study micro …
Persistent link: https://www.econbiz.de/10005766032
We discuss the literatures on behavioral economics, bounded rationality and experimental economics as they apply to firm behaviour in markets. Topics discussed include the impact of imitative and satisficing behavior by firms, outcomes when managers care about their position relative to peers,...
Persistent link: https://www.econbiz.de/10008572583