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Our paper deals with the welfare and employment effects of green tax reforms. In the first part we develop a flexible, interactive simulation model which is accessible under http://brw.zew.de. Users can specify their own green tax reforms or emission quotas and quantify welfare and employment...
Persistent link: https://www.econbiz.de/10010297757
Persistent link: https://www.econbiz.de/10011318631
We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a number of standard learning algorithms. The learning theories are (unbeknown to subjects) a best response process, fictitious play, imitation, reinforcement learning, and a trial...
Persistent link: https://www.econbiz.de/10011422135
product positioning. In order to test the Nash-reaction hypothesis we used a newly developed marketing Simulation game … PRODSTRAT to observe decisions of 240 advanced marketing students on product position, price and marketing budget under market …
Persistent link: https://www.econbiz.de/10011594610
We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a number of standard learning algorithms. The learning theories are (unbeknown to subjects) a best response process, fictitious play, imitation, reinforcement learning, and a trial...
Persistent link: https://www.econbiz.de/10010263153
with a finite decision. This paper suggests that this agonistic approach needs de-cisions or simply put, temporary … decisions drawn from seeing a decision as a solution for now. A de-cision is not a no-decision, but a decision recognised as … planning process from being a matter of reaching a finite decision to a strife about how to understand the present and which …
Persistent link: https://www.econbiz.de/10014442545
threshold models. It is demonstrated how simulated decision maps help in classifying observed time series. The maps process the …
Persistent link: https://www.econbiz.de/10010292780
organization. When only decision rights can be contractually assigned to one of the organization's stakeholders, the optimal … private information. In the case of multiple decision areas, divided control rights may enhance organizational efficiency …
Persistent link: https://www.econbiz.de/10010299085
This paper analyzes the patenting decision of a successful inventor in a model of dynamic technology adoption with …
Persistent link: https://www.econbiz.de/10010301782
Persistent link: https://www.econbiz.de/10011318626