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Emergence of innovation networks from R&D cooperation with endogenous absorptive capacity

Egbetokun, Abiodun A.; Savin, Ivan - 2013

This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with … endogenous absorptive capacity. The networks emerge as a result of bilateral cooperation over time between firms occupying … intensity of cooperation and innovation. Within different knowledge regimes, we examine the structure of networks that emerge …

Persistent link: https://www.econbiz.de/10010323898

Emergence of Innovation Networks from R&D Cooperation with Endogenous Absorptive Capacity

Savin, Ivan; Egbetokun, Abiodun - Wirtschaftswissenschaftliche Fakultät, … - 2013

Persistent link: https://www.econbiz.de/10010660259

Endogenous community formation and collective provision: A procedurally fair mechanism

Güth, Werner - 2013

A group of actors, individuals or firms, can engage in collectively providing projects which may be costly or generating revenues and which may benefit some and harm others. Based on requirements of procedural fairness (Güth and Kliemt, 2013), we derive a bidding mechanism determining...

Persistent link: https://www.econbiz.de/10010323894

Competition on common value markets with naèive traders: a theoretical and experimental analysis

Chlaß, Nadine; Güth, Werner - 2007

Theoretically and experimentally, we generalize the analysis of acquiring a company (Samuelson and Bazerman 1985) by allowing for competition of both, buyers and sellers. Naivety of both is related to the idea that higher prices exclude worse qualities. While competition of naive buyers...

Persistent link: https://www.econbiz.de/10010263850

Do EPA administrators recommend environmental policies that citizens want?

Carlsson, Fredrik; Kataria, Mitesh; Lampi, Elina - 2009

We investigate whether Swedish Environmental Protection Agency (EPA) administrator recommendations regarding improvements in environmental quality differ from citizen preferences. The scope and significance of the possible difference are assessed by conducting identical choice experiments on a...

Persistent link: https://www.econbiz.de/10010267113

Dealing with ignored attributes in choice experiments on valuation of Sweden's environmental quality objectives

Carlsson, Fredrik; Kataria, Mitesh; Lampi, Elina - 2009

Using a choice experiment, this paper investigates how Swedish citizens value three environmental quality objectives. In addition, a follow-up question is used to investigate whether respondents ignored any attributes when responding. The resulting information is used in the model estimation by...

Persistent link: https://www.econbiz.de/10010271183

Incomplete preferences in choice experiments: A note on avoidable noise and bias in welfare estimates

Kataria, Mitesh; Shogren, Jason F. - 2010

How does a choice experiment (CE) model derived under standard preference axioms perform for respondents with incomplete preferences? Using simulated data, we show how such miss-specification results in unnecessary noise and bias in welfare estimates, and can be avoided.

Persistent link: https://www.econbiz.de/10010271185

Compulsory disclosure of private information: Theoretical and experimental results for the Acquiring-a-Company game

Güth, Werner; Pull, Kerstin; Stadler, Manfred; Zaby, … - 2014

Based on the acquiring-a-company game of Samuelson and Bazerman (1985), we theoretically and experimentally analyze the acquisition of a firm. Thereby we compare cases of symmetrically and asymmetrically informed buyers and sellers. This setting allows us to predict and test the effects of...

Persistent link: https://www.econbiz.de/10010369314

The winner's curse under behavioral institutions

Chlaß, Nadine - 2011

Empirically, social dilemma under information asymmetry are often much less pronounced than theory predicts. Traders experience a winner's curse and maintain efficiency enhancing exchange of commodities when theory predicts none. Especially under competition, cursed parties undergo severe losses...

Persistent link: https://www.econbiz.de/10010281633

The truth, the whole truth, and nothing but the truth a multiple country test of an oath script

Carlsson, Frederik; Kataria, Mitesh; Krupnick, Alan; … - 2010

Hypothetical bias is one of the main issues bedeviling the field of nonmarket valuation. The general criticism is that survey responses reflect how people would like to behave, rather than how they actually behave. In our study of climate change and emissions reductions, we took advantage of the...

Persistent link: https://www.econbiz.de/10010286476