Similar Search Results

Framing Effects, Selective Information andMarket Behavior An Experimental Analysis

Kirchler, Erich; Maciejovsky, Boris; Weber, Martin - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004

The results of an asset market experiment, in which 64 subjects trade two assets oneight markets in a computerized …

Persistent link: https://www.econbiz.de/10005866816

Strategic investment, industry concentration and the cross section of returns

Bustamante, Maria Cecilia - London School of Economics (LSE) - 2011

competition a¤ects the industrial dynamics of investment, concentration, and expected returns. When firms have similar production …

Persistent link: https://www.econbiz.de/10011071300

Asymmetric Auction Experiments With(out) Commonly Known Beliefs

Güth, Werner; Ivanova-Stenzel, Radosveta - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002

Are commonly known beliefs essential for bidding behavior in asymmetric auctions? Our experimental results suggest that not informing participants how values are randomly generated does not change behavior much and may even make it appear more rational.

Persistent link: https://www.econbiz.de/10005867012

Prices as indicators of scarcity - anexperimental study of a multistageauction

McDaniel, Tanga; Nicklisch, Andreas - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004

-ridinginherent in auctions for future access provide inaccurate signalsfor investment. …

Persistent link: https://www.econbiz.de/10005866772

Fluctuations in uncertainty

Bloom, Nicholas - London School of Economics (LSE) - 2013

question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is some evidence it may …

Persistent link: https://www.econbiz.de/10011126328

Impulse Balance Equilibrium and Feedback in First Price Auctions

Ockenfels, Axel; Selten, Reinhard - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002

Experimental sealed bid first price auctions with private values in which feedback onthe losing bids is provided yield lower revenues than auctions where this feedback isnot given. Furthermore, bids tend to be above the equilibrium predictions for riskneutral bidders. While the latter...

Persistent link: https://www.econbiz.de/10005867077

Investment choice and inflation uncertainty

Fischer, Gregory - London School of Economics (LSE) - 2013

This paper investigates the relationship between infation uncertainty and investment using a panel of loan-level data … investment. Moreover, there is a shift in the composition of investment away from fixed assets and towards working capital - the … more flexible factor of production - and fixed asset investment exhibits periods of inaction consistent with real option …

Persistent link: https://www.econbiz.de/10010884740

The marginal product of capital

Caselli, Francesco; Feyrer, James - London School of Economics (LSE) - 2006

Whether or not the marginal product of capital (MPK) differs across countries is a question that keeps coming up in discussions of comparative economic development and patterns of capital flows. We use easily accessible macroeconomic data to shed light on this issue, and find that MPKs are...

Persistent link: https://www.econbiz.de/10010928591

On the detrimental impact of visa restrictions on bilateral trade and foreign direct investment

Neumayer, Eric - London School of Economics (LSE) - 2011

This article estimates the effect of visa restrictions on bilateral trade flows and foreign direct investment (FDI … effects, it is at least questionable whether many of the existing visa restrictions would pass a cost-benefit test. …

Persistent link: https://www.econbiz.de/10010744803

The impact of uncertainty shocks: firm level estimation and a 9/11 simulation

Bloom, Nick - London School of Economics (LSE) - 2006

employment, investment and productivity, and a moderate loss in GDP. This temporary impact of a second moment shock is different …

Persistent link: https://www.econbiz.de/10010744930