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In this paper, I discuss the difference between accommodated evidence (i.e. when evidence is known first and a hypothesis is the proposed to explain and fit the observations) and predicted evidence (i.e., when evidence verifies the prediction of a hypothesis formulated before observing the...
Persistent link: https://www.econbiz.de/10010884462
Maniadis et al. (2013) present a theoretical framework that aims at providing insights into the mechanics of proper inference. They suggest that a decision about whether to call an experimental finding noteworthy, or deserving of great attention, should be based on the calculated post-study...
Persistent link: https://www.econbiz.de/10010884472
Behavioural economics attracted attention from environmental economists: it should help to understand why people do not respond to environmental policy measures, based on neoclassical assumptions, as predicted by theory. Moreover, understanding motives and driving forces behind pro-social,...
Persistent link: https://www.econbiz.de/10010884473
In the market where inattentive buyers can fail to notice some feasible choices, the key role of marketing is to make … buyers aware of products. However, the eective marketing strategy is often subtle since marketing tactics can make buyers … cautious. This paper provides a framework to analyze an eective marketing strategy to persuade an inattentive buyer in an …
Persistent link: https://www.econbiz.de/10010540348
Entrepreneurs are found to have balanced skill sets and most have worked in small firms before starting their own business. In light of this, we compare the skill sets of employees working in businesses of different size to the skill sets of entrepreneurs using a rich data set on the applied...
Persistent link: https://www.econbiz.de/10009131067
We investigate the effect of broad personality traits-the Big Five-on an individual's decision to become self- employed. In particular, we test an overall indicator of the entrepreneurial personality. Since we find that the level of self-employment varies considerably across professions, we also...
Persistent link: https://www.econbiz.de/10008690101
Mounting empirical evidence shows that kids of self-employed parents are very likely to become entrepreneurs themselves. These findings are often attributed to the intergenerational transmission of parental norms and values. However, many papers in the field are not that explicit about parental...
Persistent link: https://www.econbiz.de/10010686909
There already exists broad literature investigating small and innovative firms in many respects. However, there have been few attempts to assess this group of firms' propensity to patent or its patenting activities. This paper intends to fill that gap. By applying a new approach to account for...
Persistent link: https://www.econbiz.de/10010661183
suggests that entrepreneurship is a key driver of economic development, and one that has long-run effects. …
Persistent link: https://www.econbiz.de/10011143965
entrepreneurship in Germany between 1991 and 2011, the first two decades after reunification. We investigate the socio …
Persistent link: https://www.econbiz.de/10009421461