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likelihood of adopting profit sharing. While to some extent this entails failed experimentation, positive managerial attitudes …
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This paper shows that price rigidity evolves in an economy populated by imperfectly rational agents who experiment with alternative rules of thumb. In the model, firms must set their prices in face of aggregate demand shocks. Their payoff depends on the level of aggregate demand, as well as on...
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with increased and more diversified regional exports, higher entry and exit rates, more export experimentation, and …
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are not possible. However, the design of the regulatory contract affects how much information is gleaned. When learning …
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experimentation approach to policy design. The paper concludes that for policy design to be effective, finding a contextual best fit … incentives and constraints underpinned by differing structural and institutional variables. Design-thinking as a human … policy practice insight note, posits that the focus of policy design shouldn't be so much on what makes a technically …
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industrial dynamics, articulates the role and function of entrepreneurial experimentation in innovation systems. This paper … entrepreneurial experimentation comprises both "technical" and "market" experimentation, and that entrepreneurship must be … of entrepreneurial experimentation is to foster creation, selection and scaling-up of innovations. Spinoffs and …
Persistent link: https://www.econbiz.de/10011621226