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This work presents experimental results on a coordination game in which agents must repeatedly choose between two sides, and a positive fixed payoff is assigned only to agents who pick the minoritarian side. We conduct laboratory experiments in which stationary groups of five players play the...
Persistent link: https://www.econbiz.de/10010591853
Recent analyses on different database have proposed some regularities with respect to size and growth rates distribution of firms. In this work we explore some basic properties of the dynamics of productivity in Italian manufacturing firms. We investigate relations between different inputs and...
Persistent link: https://www.econbiz.de/10010871908
If business firms face a multiplicative growth process in which their growth rates are Laplace distributed and independent from their sizes, the size cannot be distributed according to a stationary Pareto distribution. Recent contributions, using formal arguments, seem to contrast with these...
Persistent link: https://www.econbiz.de/10010590583
Recently from analyses on different databases the tent-shape of the distribution of firm growth rates has emerged as a robust and universal characteristic of the time evolution of corporates. We add new evidence on this topic and we present a new stochastic model that, under rather general...
Persistent link: https://www.econbiz.de/10010590871