Showing 1 - 10 of 29
by focusing on firms' behaviors in developing countries. The concept of demand for good governance is conceived in terms … conditioned on countries' institutional features and the type of regulation. Some evidence is also found for firms' environmental …
Persistent link: https://www.econbiz.de/10009004911
considered for a sample of eight developing countries encompassing about one thousand firms. We find that the most influential …-based simulations are then proposed in order to assess productivity gains which would occur if firms had the opportunity to evolve in …
Persistent link: https://www.econbiz.de/10008794824
In the light of the economically rational expectation theory, this article shows how an expert chooses an optimal oil price forecast function given that information is costly. In this framework we propose an expectational process which nests all processes considered in the literature. By...
Persistent link: https://www.econbiz.de/10008789498
This paper relaxes a fundamental hypothesis commonly accepted in the expectation formation literature: expectations are, unchangingly, either rational or generated by one of the three simple extrapolative, regressive or adaptive processes. Using expectations survey data provided by Consensus...
Persistent link: https://www.econbiz.de/10008789553
data when the agent's beliefs about the model are updated through linear learning algorithms. We find that learning in this … learning algorithm is recursive least squares, long memory arises when the coefficient on expectations is sufficiently large … endogenous variable is determined exogenously. Finally, this property of learning is used to shed light on some well …
Persistent link: https://www.econbiz.de/10009422119
Young children have been largely neglected in research dedicated to the art museum experience. The art exhibition "Tête à tête" ("Face-to-Face"), designed for 5-12 year olds, became an opportunity to bring an exploratory contribution to three research issues: the relationship that the young...
Persistent link: https://www.econbiz.de/10009353856
This paper analyzes an entry timing game with uncertain entry costs. Two firms receive costless signals about the cost … and public signals. We show that competition leads the two firms to invest too early and analyze collusion schemes whereby …
Persistent link: https://www.econbiz.de/10009368492
bargaining outcomes. It develops and tests Kuhn and Gu's model (1999) of learning in sequential wage negotiations, by means of …
Persistent link: https://www.econbiz.de/10008789484
Knowledge Management is a global process in the company. It includes all the processes that allow capitalization, sharing and evolution of the Knowledge Capital of the firm, now recognized as a critical resource of the organization. Several approaches have been defined to capitalize knowledge...
Persistent link: https://www.econbiz.de/10008792084
devices for sharing and learning clearly identified knowledge in the oil industry domains. This work is based on a pilot study … aspects in the areas of knowledge where efforts are to be made in terms of capitalising, sharing, learning and transfer. …
Persistent link: https://www.econbiz.de/10008792301