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The impact of uncertainty on investment : a meta-analysis
Koetse, Mark J.; Groot, Henri L. F. de; Florax, Raymond … - 2006
In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … investment research. For example, not including factor prices in investment models may seriously affect the model outco! mes … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. …
Persistent link: https://www.econbiz.de/10011349194
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The impact of uncertainty on investment : a meta-analysis
Koetse, Marc J.; Groot, Henri L. F. de; Florax, Raymond … - 2006
Persistent link: https://www.econbiz.de/10003354593
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Measuring power and satisfaction in societies with opinion leaders : dictator and opinion leader properties
Brink, René van den; Rusinowska, Agnieszka; Steffen, Frank - 2009
one of the actions. By definition opinion leaders have some power over their followers, and they exercise this power by … satisfaction and power scores which allow us to analyze the actors' satisfaction and power with respect to the collective choice …
Persistent link: https://www.econbiz.de/10011378325
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Measuring power and satisfaction in societies with opinion leaders : an axiomatization
Brink, René van den; Rusinowska, Agnieszka; Steffen, Frank - 2011
affect the behavior of their followers. Hence, opinion leaders have some power over their followers, and they can exercise … this power by influencing their followers choice of action. We study a two-action model for a society with opinion leaders … choice is made by simple majority of the actions chosen by each member. For this model we axiomatize satisfaction and power …
Persistent link: https://www.econbiz.de/10011386185
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Pareto efficiency in the jungle
Houba, Harold; Luttens, Roland Iwan; Weikard, Hans-Peter - 2014
We include initial holdings in the jungle economy of Piccione and Rubinstein (Economic Journal, 2007) in which the unique equilibrium satisfies lexicographic welfare maximization. When we relax assumptions on consumption sets and preferences slightly, equilibria other than lexicographic welfare...
Persistent link: https://www.econbiz.de/10010421741
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Telecommunications network externalities and regional development : empirical evidence
Capello, Roberta; Nijkamp, Peter - 1994
Persistent link: https://www.econbiz.de/10000151670
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The transaction costs perspective on standards as a source of trade and productivity growth
Butter, Frank A. G. den; Groot, Stefan P. T.; Lazrak, Faroek - 2007
with large sunk investment costs may lead to a lock-in. This may call for government intervention in the design and use of …
Persistent link: https://www.econbiz.de/10011373830
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Adoption of superior technology in markets with heterogeneous network externalities and price competition
Janssen, Maarten C. W.; Mendys-Kamphorst, Ewa - 2000
In this paper we investigate whether markets with heterogeneous network externalities can belocked-in by old technologies even if superior technologies are available. Heterogeneous networkexternalities are present when some consumers care more about the size of the market share of agood than...
Persistent link: https://www.econbiz.de/10011304401
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The price of a price : on the crowding out of social norms
Janssen, Maarten C. W.; Mendys-Kamphorst, Ewa - 2001
There is increasing empirical and experimental evidence thatproviding financial incentives to agents to performcertain socially desirable actions may permanently reduce other typesof motivations to undertake these actions.We study the impact of financial incentives on the desire for...
Persistent link: https://www.econbiz.de/10011317463
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Social network effects and green consumerism
Hauck, Dominic; Ansink, Erik; Bouma, Jetske; Soest, … - 2014
One of the drivers of green consumerism are social network externalities that are associated with buying 'green' because green consumerism is fashionable, or because of reputation effects. We analyze how the strength of this social network effect impacts green consumerism, environmental...
Persistent link: https://www.econbiz.de/10010465164