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Recognizing Investment Opportunities at the Onset of Recoveries

Fioretti, Guido - EconWPA - 2002

Investment decision-making is modeled by means of a Kohonen neural net, where neurons represent firms. This is done in order to model investments in novel fields of economic activity, that according to this model are carried out when firms recognize the emergence of a new technological pattern....

Persistent link: https://www.econbiz.de/10005076670

Neural correlates of the affect heuristic during brand choice

Plassmann, Hilke; Kenning, Peter; Deppe, Michael; … - EconWPA - 2005

In this working paper it is investigated how affect and cognition interact in consumer decision making. The research …

Persistent link: https://www.econbiz.de/10005125573

Evidence Theory: A Mathematical Framework for Unpredictable Hypotheses

Fioretti, Guido - EconWPA - 2002

Shafer's evidence theory is a branch of the mathematics of uncertain reasoning that allows for novel possibilities to be conceived by a decision-maker. Many of its findings exhibit striking similarities with an alternative decision theory purported by Shackle in the 1950s, before expected...

Persistent link: https://www.econbiz.de/10005125582

Ideologies, Beliefs, and Economic Advice - A Cognitive- Evolutionary View on Economic Policy-Making

Slembeck, Tilman - EconWPA - 2000

Economists often perceive the “ideological beliefs“ held by political actors as obstacles to rational policy-making. In contrast, it is argued that ideologies have characteristics that appear desirable in policy- making in that they allow political actors to credibly commit themselves to...

Persistent link: https://www.econbiz.de/10005556964

Knowledge and Structure

Fioretti, Guido - EconWPA - 2002

This article presents a formalization of knowledge based on a connectionist model of a firm's structure. Transaction costs are not ignored, but integrated with the knowledge-based approach. A numerical example on the canonical comparison of "Japanese" versus "American" organizational structures...

Persistent link: https://www.econbiz.de/10005561473

TRUST OF MODERNITY, MODERNITY OF TRUST. CONSIDERATIONS AND RESEARCH HYPOTHESIS

CONTE, MASSIMO - EconWPA - 2005

THE DEVELOPMENT SOCIAL RELATIONSHIP IN OUR TIMES IMPOSE A GROWING IMPORTANCE TO 'TRUST' AS A RESOURCE BETWEEN PERSONAL … REDUCING OF SOCIAL COMPLEXITY IN OUR NEAPOLITAN REALITY, WE ASSUME THAT IS BETTER TO 'RELIANCE' RATHER THAN TO TRUST. FOR THE …

Persistent link: https://www.econbiz.de/10005126102

Structured Analogies for Forecasting

Armstrong, J.S. - EconWPA - 2005

accurate. Collaboration did not improve accuracy. …

Persistent link: https://www.econbiz.de/10005119357

Necessidade de uma economia solidária: a visão de Karl Polanyi sobre os mercados

Santos, António Bob - EconWPA - 2004

This paper aims to analyse the vision of Karl Polanyi about the creation of markets. The importance of markets in societies, social relations, and capitalism.

Persistent link: https://www.econbiz.de/10005407671

THE HIDDEN COSTS AND RETURNS OF INCENTIVES — TRUST AND TRUSTWORTHINESS AMONG CEOs

Fehr, Ernst; List, John A. - EconWPA - 2004

situations requiring trust and trustworthiness. As a control we compare the behavior of CEOs with the behavior of students. We …. However, the availability of penalizing incentives also creates hidden returns: if a principal expresses trust by voluntarily … threat is not available. Thus trust seems to reinforce trustworthy behavior. Overall, trustworthiness is highest if the …

Persistent link: https://www.econbiz.de/10005076520

Sustaining Cooperation in trust Games

McCabe, Kevin; Rigdon, Mary; Smith, Vernon - EconWPA - 2004

-person trust game. Players are typed based on their recent track record as whether or not they are trusting (Players 1) and whether …

Persistent link: https://www.econbiz.de/10005125594