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of knowledge growth, reuse, and sharing, redundant economies lead to increasing returns, which are crucial for economic …
Persistent link: https://www.econbiz.de/10005623496
The paper examines the issue of knowledge as a public good, and, therefore, the question of open knowledge. Moreover …, it analyses the crucial relationship between knowledge and learning and, more specifically, the relationship between … technological knowledge, learning and the environment. Thus the construct of absorptive capacity is investigated and the related …
Persistent link: https://www.econbiz.de/10009018274
This article proposes an analysis of the labour process and the division of labour in capitalist production through a reading of Marx and a few others like Babbage and Braverman. The distinction between labour and labour power is used to expose the specificity of the labour process. Cooperation...
Persistent link: https://www.econbiz.de/10008622060
This work shows that the modular organization of voluntary Open Source Software (OSS) production, whereby programmers supply effort of their accord, capitalizes more on division than on specialization of labor. This is so because voluntary OSS production is characterized by an organizational...
Persistent link: https://www.econbiz.de/10008498478
The Stackelberg duopoly is a fundamental model of sequential output competition. The equilibrium outcome of the model results in a first-mover advantage where the first-moving firm produces more output, and earns larger profits, relative to the second-moving firm. Huck, Müller, and Normann...
Persistent link: https://www.econbiz.de/10011051366
According to theory a pure meritocracy is efficient because individual members are competitively rewarded according to their individual contributions to society. However, purely individually based meritocracies seldom occur. We introduce a new model of social production called “team-based...
Persistent link: https://www.econbiz.de/10005616844
We provide experimental evidence for the hypothesis that bounded rationality is an important element of the theory of the firm. We implement a simplified version of a mechanism that was designed in order to perfectly solve the holdup problem under conditions of perfect rationality (Maskin 2002)....
Persistent link: https://www.econbiz.de/10010940492
coordination failure when two groups with diverging precedents have to interact. This paper describes an experiment to explore how …
Persistent link: https://www.econbiz.de/10009144569
benchmark is tested in an experiment. Furthermore, we provide the first clean one-shot experimental test of the Lazear and Rosen … (1981) tournament model. In a second experiment, we investigate the effectiveness of corporate value statements to encourage …
Persistent link: https://www.econbiz.de/10011105057
behavior is almost non-existent. We study sabotage in tournaments in a controlled laboratory experiment and are able to confirm …
Persistent link: https://www.econbiz.de/10004980267