Narrow search
Showing 1 - 10 of 280
Cover Image
The Role of Salience in Performance Schemes : Evidence from a Field Experiment
Englmaier, Florian; Roider, Andreas; Sunde, Uwe - 2021
in quantity and quality of output. We use data from a controlled field experiment that changed the communication of the …
Persistent link: https://www.econbiz.de/10013315929
Cover Image
International Environmental Agreements with Uncertainty, Learning and Risk Aversion
Finus, Michael - 2014
role of learning and risk aversion. It bridges two strands of literature: one focused on the role learning for the success … aversion on IEA formation under no learning. Combining learning and risk aversion seems appropriate as the uncertainties … through learning. It is shown that the negative conclusion with respect to the role of learning derived for risk neutrality …
Persistent link: https://www.econbiz.de/10013059058
Cover Image
Human Capital, Signaling, and Employer Learning. What Insights Do We Gain from Regression Discontinuity Designs
Graetz, Georg - 2018
speed of employer learning, since RDD coefficients are direct estimates of (differences in) expectation errors …
Persistent link: https://www.econbiz.de/10012929537
Cover Image
A Strategic R&D Investment with Flexible Development Time in Real Option Game Analysis
Villani, Giovanni - 2009
The real option theory provides a useful tool to evaluate an R&D investment under uncertainty because, unlike the NPV (Net Present Value), it considers the managerial flexibility that may be expand the investment opportunity value. However, most R&D investment projects are open to competing...
Persistent link: https://www.econbiz.de/10013157504
Cover Image
The Value of Technology Improvements in Games with Externalities : A Fresh Look at Offsetting Behavior
Hoy, Michael - 2015
How should we evaluate the welfare implications of improvements to safety technologies in the presence of offsetting behavior? We model this problem as a symmetric game in which each player's payoff depends on his own action and the average action of the other players, and analyze under which...
Persistent link: https://www.econbiz.de/10013033346
Cover Image
The Role of Salience in Performance Schemes: Evidence from a Field Experiment
Englmaier, Florian; Roider, Andreas; Sunde, Uwe - CESifo - 2012
in quantity and quality of output. We use data from a controlled field experiment that changed the communication of the …
Persistent link: https://www.econbiz.de/10010539149
Cover Image
A Strategic R&D Investment with Flexible Development Time in Real Option Game Analysis
Villani, Giovanni - CESifo - 2009
The real option theory provides a useful tool to evaluate an R&D investment under uncertainty because, unlike the NPV (Net Present Value), it considers the managerial flexibility that may be expand the investment opportunity value. However, most R&D investment projects are open to competing...
Persistent link: https://www.econbiz.de/10005013067
Cover Image
International Environmental Agreements with Uncertainty, Learning and Risk Aversion
Finus, Michael; Pintassilgo, Pedro; Ulph, Alistair - CESifo - 2014
role of learning and risk aversion. It bridges two strands of literature: one focused on the role learning for the success … aversion on IEA formation under no learning. Combining learning and risk aversion seems appropriate as the uncertainties … through learning. It is shown that the negative conclusion with respect to the role of learning derived for risk neutrality …
Persistent link: https://www.econbiz.de/10010736746
Cover Image
The Impact of Macro News and Central Bank Communication on Emerging European Forex Markets
Égert, Balázs - 2013
We employ two-stage empirical strategy to analyze the impact of macroeconomic news and central bank communication on … news and communication along with the estimated exchange rate misalignment on exchange rate as well as its volatility …
Persistent link: https://www.econbiz.de/10013079876
Cover Image
The Standard Deviation of Life-Length, Retirement Incentives, and Optimal Pension Design
Aronsson, Thomas - 2010
In this paper, we consider how the retirement age as well as a tax financed pension system ought to respond to a change in the standard deviation of the length of life. In a first best framework, where a benevolent government exercises perfect control over the individuals' labor supply and...
Persistent link: https://www.econbiz.de/10013137106