Showing 1 - 10 of 256
governmental support. Various policies that can broadly be categorized as technology push, demand pull or systemic constitute a … technology push and systemic instruments, while in photovoltaic demand pull is decisive for network growth. The instruments …
Persistent link: https://www.econbiz.de/10010475630
The pure model of replicator dynamics though providing important insights in the evolution of markets has not found much of empirical support. This paper extends the model to the case of firms vertically integrated in value chains. We show that i) by taking value chains into account, the...
Persistent link: https://www.econbiz.de/10011446182
second step diffusion of GTs is embedded theoretically. By focusing on different green technology industries (GT sector) in …
Persistent link: https://www.econbiz.de/10003931652
learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the … opponent's past behavior. We manipulate the quality of information feedbacks provided after each play. If subjects rely only on … earlier nodes due to prediction errors. Aggregate information release decreases heterogeneity of behavior by increasing the …
Persistent link: https://www.econbiz.de/10011326679
This paper reports results of a 100-round Yes-No game experiment conducted under the random matching protocol. In … their repeated ultimatum bargaining experiment. Our main interest is which dynamics emerge when proposers and responders …
Persistent link: https://www.econbiz.de/10010433915
This paper focuses on foreign language learning as human capital investment or consumption. We apply the human capital … investment framework to foreign language learning and enlarge it by adding consumption motives. Based on a novel dataset … the different motives for language learning and of the expected use of language skills in the labour market. We highlight …
Persistent link: https://www.econbiz.de/10012668982
wages. Using a survey experiment among international students in Germany, I investigate whether information on the monetary … of language proficiency, this surprising negative effect suggests that there can be too much information. …
Persistent link: https://www.econbiz.de/10012631156
decision rules, and that only a quarter of them decide according to the toss of a fair coin. Reinforcement learning is the most … ; Mixed strategy ; Learning models ; Experiments …
Persistent link: https://www.econbiz.de/10008689027
Persistent link: https://www.econbiz.de/10003593213
We revisit the economic models of social learning by assuming that individuals update their beliefs in a non …-Bayesian way. Individuals either overweigh or underweigh (in Bayesian terms) their private information relative to the public … information revealed by the decisions of others and each individual's updating rule is private information. First, we consider a …
Persistent link: https://www.econbiz.de/10003924223