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In the real world, when people play games, they often receive advice from those that have played it before them. Such advice can facilitate the creation of a convention of behavior. This paper studies the impact of advice on the behavior subjects who engage in a non-overlapping generational...
Persistent link: https://www.econbiz.de/10010334253
exchange interactions between economic agents. This paper discusses the evolution of measurement standards from the perspective …
Persistent link: https://www.econbiz.de/10005090615
of the results based on the conventions theory approach. …
Persistent link: https://www.econbiz.de/10012148498
variety of environments? To explore this question, I represent economic institutions as bargaining conventions and then in … order to better capture the historically observed processes of institutional evolution I extend recent models in stochastic …
Persistent link: https://www.econbiz.de/10005739973
Warum gelingt es in der betrieblichen Praxis vielfach nicht, die Kompetenzen von Mitarbeitern intensiver zu nutzen? Sind Mitarbeiter nicht bereit, ihre Kompetenzen staendig weiterzuentwickeln, oder sind die Unternehmen nicht in der Lage, die Prozesse des Organisationslernens zu gestalten? Zur...
Persistent link: https://www.econbiz.de/10005704601
Persistent link: https://www.econbiz.de/10005625188
role of conventions in an attempt to account fully for uncertainty. In doing so, we include the relevant variables as …
Persistent link: https://www.econbiz.de/10014363153
This article aims at analysing the relationship between conventions and monetary policy using both the post …-Keynesian and the French-conventions-school approaches, treated as complementary; and stressing the design of monetary policy … frameworks (for example, inflation targeting) and the setting of interest rates as phenomena highly governed by conventions. The …
Persistent link: https://www.econbiz.de/10014363164
When discussing the relation between rationality and conventions under non-neoclassical uncertainty, almost all … approach, which argues that conventions and rationality are compatible but reasonable behavior may be conventional or (partly …
Persistent link: https://www.econbiz.de/10005543597
Persistent link: https://www.econbiz.de/10000413992