builds upon adaptive expectations, interactive expectations and small world networks, combining them into a single adaptive …

builds upon adaptive expectations, interactive expectations and small world networks, combining them into a single adaptive …

accurately determining the structure of real networks can be difficult and the network averaging technique provides a proxy for … real networks. A second aim is to introduce the adaptive interactive expectations (AIE) model, which uses a ‘pressure to … networks. The AIE model could be readily applied to other forms of expectations and as a replacement for the utility curve …

-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

aggressive development of a basic innovation by better informed venture-backed firms is used as a signaling device to enhance the … sale price of the innovation. We then show that incumbents can undertake early, preemptive, acquisitions to prevent such … signaling driven overinvestment, despite the risk of buying a non-productive innovation. Therefore, to exist in equilibrium …