Showing 1 - 10 of 1,122
Persistent link: https://www.econbiz.de/10003863205
We report results from a randomized natural field experiment conducted in a restaurant dining setting to distinguish the observational learning effect from the saliency effect. We find that, when customers are given ranking information of the five most popular dishes, the demand for those dishes...
Persistent link: https://www.econbiz.de/10014187486
of knowledge, to distinguish the adaptive behaviour from the rational one, as well as the full rational from the bounded … rationality behaviour by people. Quite recent developments in the Economics of Knowledge, i.e. the so-called learning models, have … been considered as more realistic approaches to model the process by which individuals acquire knowledge, for instance from …
Persistent link: https://www.econbiz.de/10011502970
Purpose – The purpose of this paper is to investigate how universities' learning behavior (explorative or exploitative) and network structure (weak or strong inter-organizational ties) can affect their capability to collect and diffuse knowledge, and thus to act as knowledge...
Persistent link: https://www.econbiz.de/10013092715
mistakes in the learning process? This study analyzed 380 cases of Polish employees working in knowledge-driven organizations … in various industries between November and December 2019. Analysis of moderated moderation was conducted using PROCESS …
Persistent link: https://www.econbiz.de/10012163113
In this paper I propose a novel abstract mechanism for the creation and diffusion of knowledge and use an agent based modelling approach to explore it. The mechanism takes into account the relation between the phenomena that agents attempt to explain and the stocks of knowledge available in a...
Persistent link: https://www.econbiz.de/10012591877
Persistent link: https://www.econbiz.de/10013364401
equilibrium dynamics resulting from this learning process helps to explain the main stylized facts of free-floating exchange rates …
Persistent link: https://www.econbiz.de/10010295111
Syndication, which is a joint realization of one project/one investment by several capital providers, is a long existing phenomenon that plays a central role in many financial market segments. Within this paper we develop a theoretical model focusing on the dynamic aspect of syndication, namely...
Persistent link: https://www.econbiz.de/10010297486
We study a simple, microfounded macroeconomic system in which the monetary authority employs a Taylor-type policy rule. We analyze situations in which the self-confirming equilibrium is unique and learnable according to Bullard and Mitra (2002). We explore the prospects for the use of 'large...
Persistent link: https://www.econbiz.de/10010298275