Showing 1 - 10 of 97
We revisit the signalling hypothesis, whereby potential employers use the duration of unemployment as a signal as to …
Persistent link: https://www.econbiz.de/10008793679
Criticism is mounting on business schools for their excessive focus on research and for neglecting teaching. We show that if students have imperfect information about a school's overall capabilities and if business schools differ in their research productivity, the least productive schools may...
Persistent link: https://www.econbiz.de/10008794060
their income - the higher the risk aversion, the more stable the cooperatives and the lower the segregation. Learning can … high or low-risk, and while they are learning, they tend to create cooperatives that can last. Eventually we worked on the …
Persistent link: https://www.econbiz.de/10010933864
private agents are gradually learning their uncertain environment. When agents update their beliefs about the parameters that … under adaptive learning are significantly larger than under rational expectations. In our benchmark case calibrated using US … data on leverage, debt-to-GDP and land value-to-GDP ratios for 1996Q1-2008Q4, learning amplifies leverage shocks by a …
Persistent link: https://www.econbiz.de/10010933890
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 of a new project and decide when to invest. We characterize the equilibrium of the investment timing game with private and public signals. We show that competition leads the two...
Persistent link: https://www.econbiz.de/10009368492
. Particularly, as organizational learning is now anchored as an important part of the building and sustaining of the small and … learning and performance is important for managers and researchers. We could hypothesize that, combined with organizational … learning processes, some leaders' characteristics and behaviours are more important than others to lead the development of an …
Persistent link: https://www.econbiz.de/10010549112
What is the debate on Learning Organizations all about? In this paper we propose to demonstrate that the necessity to … years, makes of learning a condition of survival for any organization, whether individual, company, school or nation. More …-time Learning Organization? How can people forget their stifling Industrial-Era education and recover their natural strive to reach …
Persistent link: https://www.econbiz.de/10010549161
This paper aims to analyze learning as a two-type process. A dynamic equilibrium process represents a stable learning … process, that may express an individualistic behavioral learning or an organizational adaptation. A teleological process … represents an intentional, goal-oriented, learning process. This second type of learning can express an individualistic cognitive …
Persistent link: https://www.econbiz.de/10010750849