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to develop the innovation and the decision to introduce the new product in the market are separated. In our multi … potential innovator strategically over-invests in process innovation in order to push the potential innovator to introduce the …
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to develop the innovation and the decision to introduce the new product in the market are separated. In our multi … potential innovator strategically over-invests in process innovation. In this equilibrium the competitor over-invests in order …
Persistent link: https://www.econbiz.de/10014058333
We propose experiments in virtual reality (VR) as a new approach to examining behavior in an economic context, e.g., heterogeneity in dynamic tournaments. We simulate a realistic working situation in a highly immersive environment. Implementing a tournament in VR, we are able to mitigate the...
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