Showing 1 - 10 of 121
during the experiment to test subjects' understanding of relationships between distribution of votes and voting power. The …
Persistent link: https://www.econbiz.de/10008794066
relies on prospect theory, already used in marketing literature to study the effects of price and promotional techniques …
Persistent link: https://www.econbiz.de/10009393796
associated with separate-item bundles and to derive hypotheses. An experiment on a sample of 120 adult consumers was then set up …
Persistent link: https://www.econbiz.de/10009418532
been identified. An experimentation on a sample of 120 adult consumers was then set up to test the hypotheses derived from …
Persistent link: https://www.econbiz.de/10009418539
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