Showing 1 - 10 of 1,307
model of entrepreneurs and/or managers and have the ability to activate learning processes. This paper presents the …
Persistent link: https://www.econbiz.de/10009644774
Much has been said lately about entrepreneurship, so it seems important to leave here some personal analysis on this …
Persistent link: https://www.econbiz.de/10009211239
This short paper is devoted to two items: 1) An analysis of Prelec’s weighting function at the probability p = 1 is highlighted (this analysis was performed by R. Duncan Luce in two articles with Ragnar Steingrimsson and János Aczél and here is referred to as the “Luce problem”). 2) The...
Persistent link: https://www.econbiz.de/10011259321
A possibility of the existence of a discontinuity of Prelec’s (probability weighting) function W(p) at the probability p = 1 is discussed. This possibility is supported by the Aczél–Luce question whether Prelec’s weighting function W(p) is equal to 1 at p = 1, by the purely mathematical...
Persistent link: https://www.econbiz.de/10011109059
A need for experiments on the certainty effect near the certainty (near the probability p = 1) is stated in this paper. The need supported by the Aczél–Luce question whether Prelec’s weighting function W(p) is equal to 1 at p = 1, by the purely mathematical restrictions and the...
Persistent link: https://www.econbiz.de/10011109350
This is a very draft version of the report "The random-lottery incentive system. Can p~1 experiments deductions be correct?". It is published to extend the abstract of the report. Aczél and Luce emphasized a fundamental question: whether W(1)=1 (whether the Prelec weighting function equals 1 at...
Persistent link: https://www.econbiz.de/10011112592
Three main groups of results have been obtained: 1) The question is emphasized whether the probability weighting function W(p) is continuous. If W(p) reveals a discontinuity at p=1, then this is a topological feature. This can qualitatively change (at least) the mathematical aspects of the...
Persistent link: https://www.econbiz.de/10011112848
prizes, spillovers and externalities, heterogeneity, risk and incomplete information. Second, we discuss dynamic contests and …
Persistent link: https://www.econbiz.de/10011111456
found, if entrepreneurship is to be understood as an independent research discipline. Should entrepreneurship have its own … methodological challenges. In addition, data bases in entrepreneurship are often small and difficult to access and therefore restrict … arise for empirical entrepreneurship research? Based on a literature review and an outline of the state of research, it will …
Persistent link: https://www.econbiz.de/10011114564
The paper attempts to test the following hypotheses: (i) Are people generally self interested, (ii) If people tend to be generous, what is the motive, i.e., either they fear rejection or do they have a preference for fairness, and (iii) Is there any behavioral difference in bargaining between...
Persistent link: https://www.econbiz.de/10011259998