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This study is the first to examine the decision to re-enter business ownership by entrepreneurs who have exited their first business using a longitudinal matched employer-employee database. This kind of data allow us to distinguish between those serial entrepreneurs who re-enter business...
Persistent link: https://www.econbiz.de/10005090465
whether behavior in public goods games is affected by experience (i.e., previous participation in social dilemma … experience. Second, a mixture model reveals that the proportion of unconditional cooperators decreases with experience, while … experience. Our findings have important methodological implications for researchers, who are urged to control for subjects …
Persistent link: https://www.econbiz.de/10010755823
forecasting task with varying cognitive load, we identify the causal effect of working memory on subjects' forecasting performance …
Persistent link: https://www.econbiz.de/10009391901
on performance is stronger under financial incentives as compared to flat rate pay. Subjects with more accounting …
Persistent link: https://www.econbiz.de/10009358647
In standard market theory demand and cost functions have to be known to compute optimal price or quantity responses. In case of risk or uncertainty the decisions depend on expectations, i.e. estimated parameters. Even in case of rational inference these expectations itself are uncertain, at...
Persistent link: https://www.econbiz.de/10005786075
. Such errors occur when agents have limited information processing capacities. A performance criterion is provided to … rules due to performance differences. …
Persistent link: https://www.econbiz.de/10005786083
heterogeneity in performance. Using a forecasting task with varying cognitive load, I show that the effectiveness of high …-powered financial incentives as a stimulator of economic performance can be moderated by cognitive abilities in a causal fashion …
Persistent link: https://www.econbiz.de/10005090474