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of sellersof search goods as compared to sellers of experience and credence goods,and that there is significant adverse …
Persistent link: https://www.econbiz.de/10009435094
-dependence theory and the relational view of the firm, I argue that the positive effect of investor experience on startup performance is … stronger when the startup faces a more uncertain environment. The first essay predicts a greater effect of investor experience …, investors have fewer incentives to make a contribution. The second essay examines the effect of investor experience on different …
Persistent link: https://www.econbiz.de/10009439052
Trust is a concept that has been used in computing to support better decision making. For example, trust can be used in access control. Trust can also be used to support service selection. Although certain elements of trust such as reputation has gained widespread acceptance, a general model of...
Persistent link: https://www.econbiz.de/10009447233
influence the human environment in which the entrepreneur operates. Foremost among these human attributes is the experience … experience, but forces us to learn by failure as we apply past methods to new situations. In particular, the paper discusses the … difficulties that the human dependence on experience poses to the entrepreneur in terms of the innate human aversion to change, the …
Persistent link: https://www.econbiz.de/10009485636
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and...
Persistent link: https://www.econbiz.de/10009432547
It is well known that the Internet has significantly reduced consumers'search costs online. But relatively little is known about how searchcosts affect consumer demand structure in online markets. In this paper,we identify the impact of search costs on firm competition and marketstructure by...
Persistent link: https://www.econbiz.de/10009435104
Information systems and the Internet have facilitated the creation of used product markets that feature a dramatically wider selection, lower search costs, and lower prices than their brick-andmortar counterparts do. The increased viability of these used product markets has caused concern among...
Persistent link: https://www.econbiz.de/10009441245
differentiation the duopoly is subsidized or the government remains inactive. In contrast, the monopoly is always subsidized. The … government with a duopoly may be active or inactive depending on the degree of product differentiation. Thus, we may observe a …
Persistent link: https://www.econbiz.de/10012530200