Organizations cannot survive without relations with their environment, which provides resources and markets for their products and services (Crozier & Friedberg, 1977). We propose to focus on research related to the role of individuals in such exchanges, and in particular, on gatekeepers and...

Taking part in the debate on the impact of scholarship, this article suggests a heuristic framework for possible knowledge exchanges between the figures of practitioners and the figures of researchers. A typology of the modes of knowledge exchange is proposed, combining both temporality,...

The Rational Beliefs Theory is founded on the observation that in most situations the same data may be rationally explained (in terms of a statistical model) in many different ways. This is obvious in a world where there is a limited number of observations. The novel idea of the Rational Beliefs...

How should the tax authority promote trust in its relationship with the taxpayer, in light of social interactions characterized by growing areas of uncertainty? In what way should the tax administration react to the generalized mistrust that invested the entire institutional apparatus? This...

Experiments show that players with identical information and objectives have heterogeneous behavior rules. We formulate how different beliefs arise from the same information and analyze how heterogeneous belief formation affects learning outcomes of two-person two-action coordination games. With...

The Rational Beliefs Theory is founded on the observation that in most situations the same data may be rationally explained (in terms of a statistical model) in many different ways. This is obvious in a world where there is a limited number of observations. The novel idea of the Rational Beliefs...

In order to encourage people to take out voluntary private pensions to supplement decreasing statutory provisions Germany introduced the so-called Riester pensions. The complex design of the new product might have created entry barriers into the market helping to explain the slow adaption path...

In this paper, I introduce lumpy micro-level capital adjustment into a sticky information general equilibrium model. Lumpy adjustment arises because of inattentiveness in capital investment decisions instead of the more common assumption of non-convex adjustment costs. The model features...

Mathematical algorithms often fail to identify in time when the international financial crises occur although, as the classical theory of choice would suggest, the economic agents are rational and the markets are or should be efficient and behave also rationally. This contribution tries to...

Recent cyclical episodes in the U.S. and G-7 economies are asymmetric: recoveries and expansions tend to be long and gradual and busts tend to be short and sharp. A large body of work views the two recent cyclical U.S. episodes, namely, the "new economy" boom in the late 1990s, and the 2000s...