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Absorptive Capacity – One Size Fits All? A Firm-level Analysis of Absorptive Capacity for Different Kinds of Knowledge

Schmidt, Tobias - EconWPA - 2005

from research institutions. Using data from the German innovation survey we investigate how firms are able to exploit … knowledge from external partners for successful innovation activities. The estimation results show that the determinants of … absorptive capacity differ with respect to the type of knowledge absorbed for innovation activities. In particular we find that …

Persistent link: https://www.econbiz.de/10005412880

Low Information Games - Experimental Evidence on Learning in Ultimatum Bargaining

Slembeck, Tilman - EconWPA - 1999

This paper reports experimental evidence on behaviour in an Ultimatum Game where responders have low structural information and feedback so that they have to learn the nature of the game during repeated play. The results lend support to the view that certain learning conditions are less...

Persistent link: https://www.econbiz.de/10005125583

Universally Stable Adjustment Processes - A Unifying Approach

Herings, P.J.J. - EconWPA - 2001

Persistent link: https://www.econbiz.de/10005125648

Sons of Something: Taxes, Lawsuits and Local Political Control in Sixteenth Century Castile

Drelichman, Mauricio - EconWPA - 2005

The widespread ennoblement of the Spanish bourgeoisie in the sixteenth century has been traditionally considered one of the main causes of Iberian decline. I document and quantify the surge in ennoblement through a new time series of nobility cases preserved in the Archive of the Royal Chancery...

Persistent link: https://www.econbiz.de/10005125846

An interview with Thomas C. Schelling: Interpretation of game theory and the checkerboard model

Aydinonat, N. Emrah - EconWPA - 2005

This note is mainly based on a short interview with Thomas C. Schelling (TCS), who shared the Nobel Prize with Robert J. Aumann in 2005. The interview took place on 06.03.2001 at University of Maryland, College Park, USA. It consists of two parts. The first part is about his interpretation of...

Persistent link: https://www.econbiz.de/10005126069

Endogenous Games and Mechanisms: Side Payments Among Players

Jackson, Matthew O.; Wilkie, Simon - EconWPA - 2002

We characterize the outcomes of games when players may make binding offers of strategy contingent side payments before the game is played. This does not always lead to efficient outcomes, despite complete information and costless contracting. The characterizations are illustrated in a series of...

Persistent link: https://www.econbiz.de/10005134969

A Behavioral Approach to Learning in Economics - Towards an Economic Theory of Contingent Learning

Slembeck, Tilman - EconWPA - 1999

In economics, adjustment of behavior has traditionally been treated as a "black box." Recent approaches that focus on learning behavior try to model, test, and simulate specific adjustment mechanisms in specific environments (mostly in games). Results often critically depend on distinctive...

Persistent link: https://www.econbiz.de/10005135048

ames and Information, Third Edition, Preface

Rasmusen, Eric - EconWPA - 1999

I am revising my game theory book, which is due at the publisher's September 1, 1999. This is the preface, which discusses changes I have made.

Persistent link: https://www.econbiz.de/10005135102

Quantum Solution of Coordination Problems

Huberman, Bernardo A.; Laboratories, Tad Hogg HP - EconWPA - 2003

We present a quantum solution to coordination problems that can be implemented with present technologies. It provides an alternative to existing approaches, which rely on explicit communication, prior commitment or trusted third parties. This quantum mechanism applies to a variety of scenarios...

Persistent link: https://www.econbiz.de/10005062323

Through Trial & Error to Collusion

Huck, Steffen; Normann, Hans-Theo; Oechssler, Joerg - EconWPA - 1998

In this note we study a very simple trial & error learning process in the context of a Cournot oligopoly. Without any knowledge of the payoff functions players increase, respectively decrease, their quantity by one unit as long as this leads to higher profits. We show that this process converges...

Persistent link: https://www.econbiz.de/10005062333

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