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measured during the experiment.Main findings are that delayed resolution can affect investment, that the effect depends on the … investment task. Moreover,emotions were explicitly measured, including anticipatory emotions experienced during the waitingperiod …-based questionnaire before the experiment and participants' preferencesfor resolution timing, risk, and time were incentive compatibly …
Persistent link: https://www.econbiz.de/10011374397
Persistent link: https://www.econbiz.de/10012508773
Persistent link: https://www.econbiz.de/10015053101
We argue that, in a simple setting, the relation between the intensity of competition and cost-reducing investment is U … show that, except for firms that are much less efficient than the competitor, investment in the subgame-perfect equilibrium …
Persistent link: https://www.econbiz.de/10010315491
on own effort and negatively on the effort of competitors. Such auctions arise naturally in the context of investment … the strategic situation of a two-stage game with investment preceding homogenous Bertrand competition. We obtain …
Persistent link: https://www.econbiz.de/10010315592
Persistent link: https://www.econbiz.de/10012009543
paper we address two issues related to the effects of MLA on risky investment decisions. First, we assess the relative … impact of feedback frequency and investment flexibility (via the investment horizon) on risky investments. Second, given that … we observe higher investments with a longer investment horizon, we examine conditions under which investors might …
Persistent link: https://www.econbiz.de/10010263139
paper we address two issues related to the effects of MLA on risky investment decisions. First, we assess the relative … impact of feedback frequency and investment flexibility (via the investment horizon) on risky investments. Second, given that … we observe higher investments with a longer investment horizon, we examine conditions under which investors might …
Persistent link: https://www.econbiz.de/10010365910
Persistent link: https://www.econbiz.de/10011407510
measured during the experiment.Main findings are that delayed resolution can affect investment, that the effect depends on the … investment task. Moreover,emotions were explicitly measured, including anticipatory emotions experienced during the waitingperiod …-based questionnaire before the experiment and participants' preferencesfor resolution timing, risk, and time were incentive compatibly …
Persistent link: https://www.econbiz.de/10010325960