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The open method of coordination (OMC) as an evolutionary learning process

Ania, Ana B.; Wagener, Andreas - 2009

We interpret the Open Method of Coordination (OMC), recently adopted by the EU as a mode of governance in the area of social policy and other fields, as an imitative learning dynamics of the type considered in evolutionary game theory. The best-practise feature and the iterative design of the...

Persistent link: https://www.econbiz.de/10010264600

Competition, imitation, and R&D productivity in a growth model with sector-specific patent protection

Mosel, Malte - 2010

Recent empirical studies suggest a need for a flexible patent regime responding to industry characteristics. In practice, sector-specific modifications of patent strength already exist but lack theoretical foundation. This paper intends to make up for this neglect by scrutinizing in what...

Persistent link: https://www.econbiz.de/10010270491

Technological imitation and innovation in New European Union Markets

Uzagalieva, Ainura; Kocenda, Evézen; Menezes, Antonio - 2010

We analyze the role of imitation and innovation in promoting technological progress in new members of European Union …: the Czech Republic, Hungary, Poland and Slovakia. The two modes of technological development-innovation and imitation …

Persistent link: https://www.econbiz.de/10010270539

Imitation and the evolution of Walrasian behavior: theoretically fragile but behaviorally robust

Apesteguia, José; Huck, Steffen; Oechssler, Jörg; … - 2008

A well-known result by Vega-Redondo (1997) implies that in symmetric Cournot oligopoly, imitation leads to the …

Persistent link: https://www.econbiz.de/10010270592

Technology Transfer in Global Value Chains

Sampson, Thomas - 2022

imitation of its supplier's technology. In inclusive value chains, where imitation is beneficial, the headquarters firm promotes … technology diffusion. By contrast, in exclusive value chains headquarters seeks to limit supplier imitation. The paper analyzes …

Persistent link: https://www.econbiz.de/10013177566

Mind the Knowledge Gap! The Origins of Declining Business Dynamism in a Macro Agent-Based Model

Delli Gatti, Domenico; Terranova, Roberta; Turco, … - 2023

diffusion decreases in both the technology imitation and adoption processes does it lead to high market concentration and …

Persistent link: https://www.econbiz.de/10014469805

Reputational Herding in Financial Markets: A Laboratory Experiment

Roider, Andreas; Voskort, Andrea - 2015

We study reputational herding in financial markets in a laboratory experiment. In the spirit of Dasgupta and Prat (2008), career concerns are introduced in a sequential asset market, where wages for investors are set by subjects in the role of employers. Employers can observe investment...

Persistent link: https://www.econbiz.de/10010480817

Imitation - Theory and Experimental Evidence

Alpesteguia, Jose; Huck, Steffen; Oechssler, Jörg - 2003

We introduce a generalized theoretical approach to study imitation models and subject themodels to rigorous … experimental testing. In our theoretical analysis we find that the differentpredictions of previous imitation models are due to … the generalized imitation model predicts the differences betweentreatments well. The data also provide support for …

Persistent link: https://www.econbiz.de/10010315943

Universal Intellectual Property Rights: Too Much of a Good Thing?

Auriol, Emmanuelle; Biancini, Sara; Paillacar, Rodrigo - 2013

This paper studies the incentives that developing countries have to protect intellectual properties rights (IPR). On the one hand, free-riding on rich countries technology reduces their investment cost in R&D. On the other hand, firm that violates IPR cannot legally export in a country that...

Persistent link: https://www.econbiz.de/10010317044

Cutting too close? Design protection and innovation in fashion goods

Hackett, Petal Jean - 2012

Continued lobbying by high-end, American designers for intellectual property-type fashion design protection has …

Persistent link: https://www.econbiz.de/10010280833