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I investigate whether two mechanisms leading to biased beliefs about success, overconfidence and competition neglect, influence decisions to enter competitive environments. I use a controlled laboratory setting that allows to elicit belief distributions related to absolute as well as relative...
Persistent link: https://www.econbiz.de/10011900069
In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values and 400 subjects, we scan also the right hand of each subject. We study how the ratio of the length of the index and ring fingers (2D:4D) of the right hand, a measure of prenatal hormone...
Persistent link: https://www.econbiz.de/10010988964
We devise a nonparametric test of strategic behavior in a multiproduct Cournot oligopoly. It is assumed that firms have cost functions that do not change over the period of observation but that market demand can change in each period. Market prices and firm-specific production quantities are...
Persistent link: https://www.econbiz.de/10005078677
In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values and 400 subjects, we scan also the right hand of each subject. We study how the ratio of the length of the index and ring fingers (2D:4D) of the right hand, a measure of prenatal hormone...
Persistent link: https://www.econbiz.de/10009350253
Автор рассматривает предпосылки конкурентного поведения предпринимательских структур и на их основе выделяет два типа конкурентных действий. Инновационный...
Persistent link: https://www.econbiz.de/10011233092
Persistent link: https://www.econbiz.de/10014301379
Persistent link: https://www.econbiz.de/10015073043
We investigate how exposure to large-scale farms affects smallholders’ competitive behavior. Based on lab-in-the-field experimental measures covering more than 900 smallholders and 400 children in Zambia, we find that smallholders who are traditionally dependent on subsistence agriculture...
Persistent link: https://www.econbiz.de/10015051384
In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values, we scan also the right hand of each subject. We study how the ratio of the length of the index and ring fingers (2D:4D) of the right hand, a measure of prenatal hormone exposure, is...
Persistent link: https://www.econbiz.de/10004976978
Persistent link: https://www.econbiz.de/10005005699