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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
Purpose – The purpose of this paper is to investigate how universities' learning behavior (explorative or exploitative … revealed that the universities' knowledge mobility is positively affected by both the explorative learning behavior and the … present research provides interesting implications. In fact, recognizing the importance of explorative learning mechanisms …
Persistent link: https://www.econbiz.de/10013092715
We study perfect Bayesian equilibria of a sequential social learning model in which agents in a network learn about an … neighbors are mutually independent. We introduce a new metric of information diffusion in social learning, which is weaker than …
Persistent link: https://www.econbiz.de/10011673206
taking an (irreversible) action. We define \textit{asymptotic learning} as the fraction of agents taking the correct action … converging to one as a society grows large. Under truthful communication, we show that asymptotic learning occurs if (and under … ``information hubs'', which receive and distribute a large amount of information. Asymptotic learning therefore requires information …
Persistent link: https://www.econbiz.de/10011684965
Purpose: There is no learning without making mistakes. Collaboration, knowledge, and learning culture shape …. Methodology: New scales of the above constructs, including the learning culture scale, which is composed of the dimensions of … "acceptance of mistakes" and "learning climate," were developed and validated based on two samples: students aged 18-24 and …
Persistent link: https://www.econbiz.de/10012163111
Abstract: Change adaptability reflects intelligence and learning capacity. Mistakes are powerful in relation to … teaching potency and learning efficacy, but they are not likely to be accepted by organizations. This has become a serious … between change adaptability and acceptance of mistakes. Organizational learning is crucial for development, and technology is …
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
● Research on the process of knowledge learning and absorption in acquisition context has emerged recently. Yet … relatively less attention has been paid to the process of knowledge transfer and learning and its impact on successful … knowledge acquisition and learning process in international context involve three stages: knowledge assessment, knowledge …
Persistent link: https://www.econbiz.de/10012982344
define asymptotic learning as the fraction of agents taking the correct action converging to one in probability as a society … grows large. Under truthful communication, we show that asymptotic learning occurs if (and under some additional conditions … receive and distribute a large amount of information. Asymptotic learning therefore requires information to be aggregated in …
Persistent link: https://www.econbiz.de/10014190897
rationality behaviour by people. Quite recent developments in the Economics of Knowledge, i.e. the so-called learning models, have …
Persistent link: https://www.econbiz.de/10011502970