Showing 1 - 10 of 156
Established firms often fail to maintain leadership following disruptive market shifts. We argue that such firms are … ; Leadership ; Adaptation …
Persistent link: https://www.econbiz.de/10008728744
public transportation fare by i) highlighting sanctions for non-compliance and ii) appealing to compliance norms whereby 90 … percent of passengers pay the fare. We find that both sanctions and norms treatments raise compliance. However, only appeals … to compliance norms make treated passengers more willing to sign a petition demanding quality public transportation …
Persistent link: https://www.econbiz.de/10014458515
Persistent link: https://www.econbiz.de/10013501042
evidence that greater negative attitudes increase incentives for males to acquire education and that networking also increases … measures, negative attitudes towards immigrants and networking, which may influence natives and immigrants differently. The … paper considers, both theoretically and empirically, the impact of negative attitudes and networking taking into account …
Persistent link: https://www.econbiz.de/10012142378
This paper proposes to investigate the impact of financialization on energy markets (oil, gas, coal and electricity European forward prices) during both normal times and extreme fluctuation periods through an original behavioral and emotional approach. To this aim, we propose a new theoretical...
Persistent link: https://www.econbiz.de/10009737191
We report an experiment where each subject's ambiguity sensitivity is measured by an ambiguity premium, a concept analogous to and comparable with a risk premium. In our design, some tasks feature known objective risks and others uncertainty about which subjects have imperfect, heterogeneous,...
Persistent link: https://www.econbiz.de/10011812703
During recent decades, many new models have emerged in pure and applied economic theory according between Epstein (2010) and Klibanoff et al. (2012) identified a notable behavioral issue that distinguishes sharply between two classes of models of ambiguity sensitivity that are importantly...
Persistent link: https://www.econbiz.de/10011756091
We report an experiment where each subject's ambiguity sensitivity is measured by an ambiguity premium, a concept analogous to and comparable with a risk premium. In our design, some tasks feature known objective risks and others uncertainty about which subjects have imperfect, heterogeneous,...
Persistent link: https://www.econbiz.de/10011756115
Time overruns are common in public works and are not confined to inherently complex tasks. One explanation advanced in this paper is that bidders can undergo unpredictable changes in production costs which generate an option value of waiting. By exploiting the real-option approach, we examine...
Persistent link: https://www.econbiz.de/10009565538
optimally adhere to moral values of honesty. Incentives to be moral are non- monotonic in the crime premium. Larger external …
Persistent link: https://www.econbiz.de/10008729430