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To isolate the impact of the assumption of model-consistent expectations, this paper proposes a baseline case in which households are individually rational, have full information and learn using forecast rules specified as in the minimum state variable representation of the economy. Applying...
Persistent link: https://www.econbiz.de/10009294016
As the workshop’s fourth session will concentrate on the subject of rules and regulations in organizations. In the context of global competition and the global crisis experienced by most countries all over the world, one of the question raised is how linking materiality with discourse,...
Persistent link: https://www.econbiz.de/10011071902
This article analyzes whether firm innovation is influenced by the transfer of knowledge among cluster firms. To test the hypotheses, we directly estimated the measurement and the structural model parameters where cooperation, workforce mobility, and institutions were defined as manifest...
Persistent link: https://www.econbiz.de/10011072987
Persistent link: https://www.econbiz.de/10010905332
We analyze bubbles and crashes in a model in which some investors are partially sophisticated. While the expectations of such investors are endogenously determined in equilibrium, these are based on a coarse understanding of the market dynamics. We highlight how such investors may endogenously...
Persistent link: https://www.econbiz.de/10010707520
Administration in organizations emerged as a specific field of inquiry for social sciences in the middle of the twentieth century. Herbert Simon has defined a program that allows social sciences to move from principles to concepts about action and action taking. Four main perspectives of...
Persistent link: https://www.econbiz.de/10011205321
We extend the persuasion game to bring it squarely into the economics of advertising. We model advertising as exciting consumer interest into learning more about the product, and determine a firm's equilibrium choice of advertising content over quality information, price information, and...
Persistent link: https://www.econbiz.de/10010733987
Persistent link: https://www.econbiz.de/10010708297
Purpose – The purpose of this paper is to explore why digital games based learning (DGBL) is spreading rapidly in all educational settings, when the literature does not provide clear empirical evidence of the pedagogical benefits. The paper seeks to understand why DGBL is constantly developing...
Persistent link: https://www.econbiz.de/10010708753
Cette communication s'interroge sur les rapports et les différences entre recherches pluridisciplinaires, interdisciplinaires et transdisciplinaires
Persistent link: https://www.econbiz.de/10011072283