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Learning curves can arise out of routing problems, or out of sequencing problems, or a combination of both. In this paper, learning curves arising out of routing problems are investigated by means of numerical simulations, whereas some properties of the learning curves arising out of sequencing...
Persistent link: https://www.econbiz.de/10008587496
experience, affinity, expertise are displaying no significant impact upon the acceptance of word of mouth. …
Persistent link: https://www.econbiz.de/10011257740
Employee plays a vital role in each and every organization; the interest of employee will help to achieve the organization’s objectives. Successful employee engagement strategy creates a community at a work place and not just a work force. When the employees are effectively and positively...
Persistent link: https://www.econbiz.de/10011259972
novel predictions of a decline in job finding rates with age and a decline in the variance of wages with experience that are …
Persistent link: https://www.econbiz.de/10008646771
This paper uses a novel experimental design to study the effect of hypothetical personal experience on the adoption of … probability of disasters, or learning of insurance benefits, but is driven mainly by the experience acquired in playing the … insurance game. Moreover, we find that, compared with experience with real disasters in the previous year, the hypothetical …
Persistent link: https://www.econbiz.de/10011109780
. The study concludes that experience and age of the workers have positive and significant impact on self …
Persistent link: https://www.econbiz.de/10008805861
We examine the effects of bidding experience on two groups of investors – individuals and institutions – in terms of … experience; and (4) greater experience is associated with more aggressive bid prices. These findings are consistent with naïve …
Persistent link: https://www.econbiz.de/10005034357
A classic argument in economics is that experience in the market place will eliminate mistakes and cognitive biases …. Internet auctions are a popular market were some bidders gather extensive experience. In a unique data set from a Scandinavian …. However, the so-called pseudo-endowment effect does not disappear. Regardless of their experience, bidders will be inclined to …
Persistent link: https://www.econbiz.de/10005070468
What is the influence of syndicate organization on the duration of loan arrangement? I answer this question using the survival analysis methodology on a sample of loans from 59 countries over the 1992-2006 period. I find that syndicate size, concentration, reputation, and national diversity...
Persistent link: https://www.econbiz.de/10005619622
The role of the state is finally the decision of the citizens. The government, being a result of elections, can provide more or less protection and increase or decrease expenditures. Anyway for achieving goals and for being performant the state definitly has to promote a good governance. Good...
Persistent link: https://www.econbiz.de/10005835427