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Quasi-rational R&D behavior in an environment with fundamental uncertainty
Dimmig, Anne-Kathrin; Erlei, Mathias - 2012 - First Version: August 2012
uncertainty. We designed a multi-period experiment in which each period consisted of two stages, an R&D phase and a pricing stage …. Participants in the experiment had almost no information about the underlying functions, parameters, and probabilities. Subjects …' behavior in the fundamentally uncertain environment of our experiment may best be characterized as some kind of procedural …
Persistent link: https://www.econbiz.de/10010481420
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The Role of Information in Competitive Experimentation
Akcigit, Ufuk - 2014
Technological progress is typically a result of trial-and-error research by competing firms. While some research paths lead to the innovation sought, others result in dead ends. Because firms benefit from their competitors working in the wrong direction, they do not reveal their dead-end...
Persistent link: https://www.econbiz.de/10013067107
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Stereotypes and tournament self-selection : a theoretical and experimental approach
Hernandez-Arenaz, Iñigo - In: European economic review : EER 126 (2020), pp. 1-29
Persistent link: https://www.econbiz.de/10012264918
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With or without siblings : sorting into competition in the experimental labor market
Yang, Fanzheng; Yu, Li - In: China economic review : an international journal 41 (2016), pp. 284-298
Persistent link: https://www.econbiz.de/10011773470
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The Role of Information in Competitive Experimentation
Akcigit, Ufuk - 2011
Technological progress is typically a result of trial-and-error research by competing firms. While some research paths lead to the innovation sought, others result in dead ends. Because firms benefit from their competitors working in the wrong direction, they do not reveal their dead-end...
Persistent link: https://www.econbiz.de/10012461055
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Who's who : how uncertainty about the favored group effects outcomes of affirmative action
Trieu, Chi - 2023
individual who belongs to one of these groups was actually favored. In a laboratory experiment, we study how this feature affects …
Persistent link: https://www.econbiz.de/10014320457
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The competitive firm under price uncertainty : the role of information and hedging
Broll, Udo; Eckwert, Bernhard - In: Decisions in economics and finance : DEF ; a journal of … 31 (2008) 1, pp. 1-11
Persistent link: https://www.econbiz.de/10003771578
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The first shall be last : serial position effects in the case contestants evaluate each other
Haigner, Stefan; Jenewein, Stefan; Müller, Hans Christian - 2010
We analyze competitions where the contestants evaluate each other and find the first contestant to be disadvantaged. We suspect that this is due to information diffusion, Bayesian belief updating taking place in course of the contest and initial uncertainty about a contestant's relative quality....
Persistent link: https://www.econbiz.de/10008773259
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The competitive firm under price uncertainty : the role of information and hedging
Broll, Udo (contributor); Eckwert, Bernhardt (contributor) - 2007
We study the impact of transparency in a commodity market on the decision problem of a competitive firm under price uncertainty and hedging opportunities. Market transparency is modeled by means of the informational content of publicly observable signals which are correlated with the random...
Persistent link: https://www.econbiz.de/10003581734
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Reliability improvement and production decision under Cournot competition
Huang, He; Xie, Ting - In: International journal of production research 53 (2015) 15, pp. 4754-4768
Persistent link: https://www.econbiz.de/10011344631