The purpose of this study is to explore the link between imagine-self perspective-taking and rational self-interested behavior in experimental normal-form games. Drawing on the concept of sympathy developed by Adam Smith and further literature on perspective taking in games, we hypothesize that...

This survey paper discusses the links between (1) research done by Amartya K. Sen on the social rate of discount and (2) behavioural economics studies on intertemporal and interpersonal choice. Sen's idea on the need to differentiate social rate of discount allowed to pave the way further...

The goal of this paper is to present a formal model of firm innovation that simultaneously analyzes innovation factors characteristic to the Schumpeterian strand of industrial organization literature and the know-how strand. Corporate R&D intensity serves here as an input measure of firm...

We investigate factors that determine product innovation in network industries. We develop a demand-pull-technology-push model of enterprise innovation and find that enterprise innovation depends on firm's specific abilities to extend the network, consumer preferences over product price and...