Showing 1 - 10 of 339
This paper proposes a Bayesian approach to estimate a factor augmented productivity equation. We exploit the panel …
Persistent link: https://www.econbiz.de/10010899343
growth. This paper analyses the innovation-productivity relationship at the industry-level for a sample of OECD manufacturing …Several recent policy and academic contributions consider that liberalising product markets would foster innovation and … sectors of the economy on the innovative process of manufacturing and its consequences on productivity. We test for a …
Persistent link: https://www.econbiz.de/10011025709
In this paper we propose a new method to explain the creation and measure the value of internally generated goodwill (IGG). Our method is based on the idea that firm value is affected by interactions between assets used in combination to conduct business. This novel approach contrasts with the...
Persistent link: https://www.econbiz.de/10009652117
We investigate the extent to which price deviations from fundamental values in an experimental asset market are due to the uncertainty of subjects regarding others' rationality. We do so by comparing the price forecasts submitted by subjects in two market environments: (a) all six traders are...
Persistent link: https://www.econbiz.de/10010933826
To what extent is the observed mis-pricing in experimental asset markets caused by strategic uncertainty (SU) and by individual bounded rationality (IBR)? We address this question by comparing subjects initial price forecasts in two market environments - one with six human traders, and the other...
Persistent link: https://www.econbiz.de/10010933940
We provide experimental evidence of workers' ingratiation by opinion conformity and of managers' discrimination in favor of workers with whom they share similar opinions. In our Baseline, managers can observe both workers' performance at a task and opinions before assigning unequal payoffs. In...
Persistent link: https://www.econbiz.de/10010929091
Vaccination campaigns to prevent the spread of epidemics are successful only if the targeted populations subscribe to the recommendations of health authorities. However, because compulsory vaccination is hardly conceivable in modern democracies, governments need to convince their populations...
Persistent link: https://www.econbiz.de/10010930176
-image concerns (when everybody sees everyone else). A laboratory experiment is designed to identify separately these concerns, using …
Persistent link: https://www.econbiz.de/10010930214
-stage public good experiment with endogenous timing. We show that leading by making generous contributions is widespread and …
Persistent link: https://www.econbiz.de/10010541081
We devise an experiment to explore the effect of different degrees of bargaining power on the design and the selection …
Persistent link: https://www.econbiz.de/10009220690