Showing 131 - 140 of 1,713
This contribution is concerned with the spread of new products in small and medium-sized enterprises in the manufacturing sector. Based on an empirical study it is analyzed according to which factors planned product launches are either genuine market novelties or products that are new from the...
Persistent link: https://www.econbiz.de/10010297332
about imitation as the primordial process in human learning. I relate this with Searle's concept of status function and the …
Persistent link: https://www.econbiz.de/10010304497
This paper asks whether population growth is conducive to the sustainability of cooperation. A simple model is developed in which farmers who live around a circular lake engage in trade with their adjacent neighbors. The payoffs from this activity are governed by a prisoner's dilemma rule of...
Persistent link: https://www.econbiz.de/10010305875
This paper presents an overview of recent research in neuroeconomics, in the light of the question how these relate to institutional economics. I present a critique of Glimcher's recent internalist standard model of neuroeconomics and put forward the claim that only an externalist approach can...
Persistent link: https://www.econbiz.de/10010307235
The main objective of this empirical paper is to identify characteristics of imitation and innovation and shed light on …
Persistent link: https://www.econbiz.de/10011307771
equilibrium. Players are assumed to make strategy choices using a combination of imitation and innovation. We begin by looking at … an imitation dynamic and provide conditions under which play evolves to an imitation equilibrium; convergence is … conditional on the network of social interaction. We then illustrate, through example, how imitation and innovation can complement …
Persistent link: https://www.econbiz.de/10011324955
analysis integrates imitation, persuasion and dissuasion behaviors. The main innovation brought in the approach is the …
Persistent link: https://www.econbiz.de/10011335751
situations. He discusses models drawn from the modern literature on cultural evolution in which imitation of others is the basic …
Persistent link: https://www.econbiz.de/10011387740
The aim of this paper is to develop a spatial model that explicitly incorporates the different types of knowledge spillovers taking place in cities and to show how they affect the migration decision of individuals and the size of cities. We use a static general equilibrium framework with two...
Persistent link: https://www.econbiz.de/10011400149
play, imitation, reinforcement learning, and a trial & error process. We test whether subjects try to influence those … and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was …
Persistent link: https://www.econbiz.de/10011422135