We investigate experimentally whether social learners appreciate the redundancy of information conveyed by their observed predecessors' actions. Each participant observes a private signal and enters an estimate of the sum of all earlier-moving participants' signals plus her own. In a first...

We investigate experimentally whether social learners appreciate the redundancy of information conveyed by their observed predecessors\' actions. Each participant observes a private signal and enters an estimate of the sum of all earlier-moving participants\' signals plus her own. In a first...

We investigate experimentally whether social learners appreciate the redundancy of information conveyed by the behavior of those they observe. Each experimental participant observes a private signal and enters an estimate of the sum of all earlier-moving participants' signals plus her own. In a...

We consider bargaining in a bipartite network of buyers and sellers, who can only trade with the limited number of people with whom they are connected. Such networks could arise due to proximity issues or restricted communication flows, as with information transmission of job openings, business...

Do people know their own risk preferences, or do risk choices change with experience and observation? We provide a clean and straightforward test in the laboratory. People make an initial decision concerning a lottery choice and then experience 24 practice periods in which they roll the dice,...

The paper discusses the impact of corruption on the probability of violent conflict events and traces the shifts in the composition of corrupt transactions during and in the aftermath of violent conflicts in an informal way. So far there has been little interaction between empirical corruption...

La gestión hoshin es una versión madura de la administración por objetivos (APO), desarrollada por el management japonés. A través de una aplicación generalizada del ciclo de la mejora continua, la organización despliega una serie de objetivos anuales, llamados hoshin, para producir el...

Este trabajo presenta el método del caso como herramienta de investigación en las ciencias sociales. Desde el diseño hasta la presentación de sus resultados, el método está estrechamente vinculado con la teoría. Una teoría es una respuesta a una pregunta del tipo por qué o cómo, y...

Mit Argumenten aus der "Theorie des Marktversagens" und der "Neuen Politischen Ökonomie" kann gezeigt werden, daß Universitäten und Forschungsinstitute spezielle "Öffentliche Güter" produzieren, die eine Grundfinanzierung durch den Staat unter Effizienzgesichtspunkten rechtfertigen....