This paper presents a model in which sampling biases are evolutionary stable. We consider the sampling best response dynamics for a two-strategy population game having a unique equilibrium that is in mixed strategies. Allowing players to use differing sampling procedures, we model evolutionary...

A large literature underlines the fact that city sizes are heterogeneous and urban sprawl is not optimal (i.e. cities are too large). Surprisingly, we do not have a clear understanding of these two facts in urban search economics (see Zenou (2009)). Indeed, this literature systematically...

Tourism management literature in the last decades has paid much attention to the study of resident perceptions and attitudes towards tourism development. Results of empirical research have variously linked such perceptions and attitudes to issues of socio-economic growth and socio-environmental...

Many scholars, since the early 2000s, advocate for the integration of institutionalist and communitarian views of social capital generation in order to explain civil society dynamics, in particular in countries ? such as former communist states - characterized by transitional processes, with a...

Biodiversity prospecting refers to the exploration of the commercial value of genetic and biochemical resources. In this chapter, we study a drug producing pharmaceutical firm (PF) that searches for potentially useful chemicals made by wild organisms in a conservation area. This PF is able to...

The Netherlands can be seen as one of the best healthcare systems in Europe. However, ICT application in hospitals in this country is somewhat behind the Nordic countries, with many hospitals ?stuck? in the stage of search and ?being interested? without a subsequent move to testing and actual...

The foreign direct investments (FDI) spillovers are probably the most extensively analyzed channel of knowledge spillovers (the most important channel for the transfer of knowledge and technology to firms of the host country). Scholars as well as policy makers increasingly treat FDI spillovers...

Innovative activities have been considered mandatory for surviving in a dynamic market environment, inter alia in the machinery industry. Nothing has received as much attention as innovation, which has been pinpointed as the fundamental driving force for economic growth and welfare as well as a...

In this explorative study, we adopt a knowledge-centred perspective on clusters and investigate whether clusters? internal structure explains clusters? external (knowledge) collaborative strategies. All in all, the main analytical issue underlying this paper is the following: do internal...

We use novel survey data to estimate how personal experiences affect household expectations about aggregate economic outcomes in housing and labor markets. We exploit variation in locally experienced house prices to show that individuals systematically extrapolate from recent locally experienced...