Showing 1 - 10 of 1,185
The adoption of solar energy – widely assumed to be pivotal to a new energy transformation – has been hindered by persistent information gaps. Recent literature states the importance of using behavioral science to address the persistent gaps between the technical potential of low carbon...
Persistent link: https://www.econbiz.de/10012985929
problem presumably resort to “sensible” decision heuristics, employing past experience and, perhaps, what they know about the … variety of heuristics, and provide some theoretical results about how the heuristics perform asymptotically. (In the second … paper, we compare the performance of these heuristics through simulations.) …
Persistent link: https://www.econbiz.de/10011864877
decision heuristics. Central to our survey is the question under which conditions a complex macro-system of interacting agents … and heuristics switching models match this observed micro and macro behaviour surprisingly well. We also discuss policy …
Persistent link: https://www.econbiz.de/10011929804
I study the path properties of adaptive heuristics that mimic the natural dynamics of play in a game and converge to … the set of correlated equilibria. Despite their apparent differences, I show that these heuristics have an abstract … applications in the study of the convergence of the heuristics. …
Persistent link: https://www.econbiz.de/10012015733
models accurately predict behavior. A further objective is to determine which heuristics, or rules of thumb, when …
Persistent link: https://www.econbiz.de/10014087918
This paper extends choice theory by allowing for the interaction between cognitive costs and imitative dynamics. The authors experimentally investigate the role of imitation when participants face a task which is costly in cognitive terms. In order to disentangle different choice dynamics, they...
Persistent link: https://www.econbiz.de/10010425055
We show how consumers react to incomplete information on product quality and examine incentives for wholesalers and retailers to provide consumers with real quality information, taking into account the market structure for motorcycle parts in Vietnam. We consider incentives of counterfeiters to...
Persistent link: https://www.econbiz.de/10013005798
I explore the estimation of transferable utility matching games, encompassing many-to-many matching, marriage, and matching with trading networks (trades). Computational issues are paramount. I introduce a matching maximum score estimator that does not suffer from a computational curse of...
Persistent link: https://www.econbiz.de/10011884394
The main features of the Toyota Production System (TPS) have been widely publicised and discussed since the 1980s. By now, other car manufacturers might reasonably have been expected to have learned the lessons and fully caught up with Toyota's productivity levels. This has still not happened....
Persistent link: https://www.econbiz.de/10014154289
While cooperative buyer-supplier relations are an important source of sustainable competitive advantage, non-cooperative behavior persists widely. Reaping the full advantages of such cooperation requires an understanding of both the underlying theory as well as the context within which...
Persistent link: https://www.econbiz.de/10014028782