Showing 101 - 110 of 121
Every fixed point has representation as, u=g(u), equivalently g(u)=h[g(u)]. Let all times t have parameterization as `commencement of period t'. This study arrives at a Fixed Point Theorem (FPT) between ability (η), effort (e), and `Capacity for Effort (ξ)'. Let e=g(ξ) and η=h[g(ξ)]. The...
Persistent link: https://www.econbiz.de/10013313886
Necessarily, new technical change is facilitated by the development of new technical proficiencies. Whenever the claim to `new technical change' is robust, the accompanying `new technical proficiencies' facilitate an `outcome', in respect of which `old technical proficiencies' are intractable....
Persistent link: https://www.econbiz.de/10013405428
This study establishes analytical closed-form mathematical parameterizations for each of overconfidence or underconfidence that boundedly are rational. Given that, feasibly `boundedly rational overconfident (BRoverconfident)' agents revert, over time, to `boundedly rational underconfidence...
Persistent link: https://www.econbiz.de/10013405853
Suppose arrival of a new technology in the real sector of an economy. Suppose firms that are sources of the new technology seek to list in stock markets. This study finds that, in the limit, presence of, at the very least, one high quality firm in the origin time listing cluster, and presence of...
Persistent link: https://www.econbiz.de/10013406568
Absent the introduction of either of `social conventions', or `negotiations over socially acceptable behaviors', this study arrives at a formal theoretical general equilibrium parameterization of morality. Suppose all socioeconomic agents are boundedly rational and seek to act rationally. Under...
Persistent link: https://www.econbiz.de/10014260249
Obrimah (2016) motivates a new measure of market reputation for venture capitalists (VCs). This document reports firm level estimates of market reputations for sample VCs in Obrimah (2016). Explanatory notes can be found on last page of the document. For more detailed explanations, see Obrimah...
Persistent link: https://www.econbiz.de/10012941816
I develop a model that enables the disaggregation of exit rates into ability and risk components. Consequent on this disaggregation, I find decreasing returns to scale within the cross-section of the VC market is induced by strictly concave relations that obtain between the risk component of...
Persistent link: https://www.econbiz.de/10013046504
This study provides formal theoretical evidence, to wit, `effort for increase to the stock of an agent's awareness' (`awareness effort') is a more native parameterization of the rationality of agents than any of, utility maximization, rational preferences, or rational heuristics. With awareness...
Persistent link: https://www.econbiz.de/10014255639
If the evolution of an economy is well parameterized, the parameterization is robust to each of the intrinsic intentionality of agents (agents' `genotypal intentionality'), agents' behaviors, and agents' capacity for adaptation to unanticipated events, as such agents' `phenotypal...
Persistent link: https://www.econbiz.de/10014257202
This study parameterizes 'Curiosity' as measure of innovation potential of individual economic agents. In presence of discovery of two additional factors, which I term, PARQ and IDRA, that dominate `Curiosity' as measure of innovation potential, there is arrival at parameterization of three...
Persistent link: https://www.econbiz.de/10014096151