Identifying the value orientations of subjects participating in market or non-market decisions by having them participate in a ring game may be helpful in understanding the behaviour of these subjects. This experiment presents the results of changes in the centre and the radius of a value...

Investment in research and development may (with some probability) lead to reductions in a firm’s production cost. If the production-cost savings associated with successful research and development is freely disseminated to other firms as soon as it is realized, too few resources may be...

Identifying the value orientations of subjects participating in market or non-market decisions by having them participate in decomposed games may be helpful in understanding the behaviour of these subjects. This experiment presents the results of changes in the centre and the radius of a value...