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We analyze bubbles and crashes in a model in which some investors are partially sophisticated. While the expectations of such investors are endogenously determined in equilibrium, these are based on a coarse understanding of the market dynamics. We highlight how such investors may endogenously...
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We extend the persuasion game to bring it squarely into the economics of advertising. We model advertising as exciting consumer interest into learning more about the product, and determine a firm's equilibrium choice of advertising content over quality information, price information, and...
Persistent link: https://www.econbiz.de/10010733987
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The model presented in figure 1 - the collaboration ontology roles game model (CORG) , is an adaptation of the SECI model proposed by Nonaka and Takeuchi in 1995. According to the authors, the process of knowledge creation is an iterative process which continuously cuts four modes of knowledge...
Persistent link: https://www.econbiz.de/10010708629
Purpose – The purpose of this paper is to explore why digital games based learning (DGBL) is spreading rapidly in all educational settings, when the literature does not provide clear empirical evidence of the pedagogical benefits. The paper seeks to understand why DGBL is constantly developing...
Persistent link: https://www.econbiz.de/10010708753
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Knowledge is increasingly playing a key role in achieving organizational success in modern organizations notably in leveraging core business competencies, accelerating innovation and time to market, improving cycle times and decision making, strengthening organizational commitment, and building...
Persistent link: https://www.econbiz.de/10010708982
In an environment where companies are subject to losing professional knowledge, education is faced with the transformation of learning environments. Its more or less formalized features reveal the difficulty of the transmission due to the tacit nature of the issues. Organizational intelligence...
Persistent link: https://www.econbiz.de/10011073873