Search Results - subject:"EXPERIMENTATION"

Chen, Chia-Hui; Ishida, Junichiro - 2015

We consider a "tenure-clock problem" in which a principal may set a deadline by which she needs to evaluate an agent's ability and decides whether to promote him or not. We embed this problem in a continuous-time model with both hidden action and hidden information, where the principal must...

Persistent link: https://www.econbiz.de/10011421482

Hierarchical experimentation

Chen, Chia-Hui; Ishida, Junichiro - 2015

We consider a bandit problem faced by a team of two heterogeneous players. The team is hierarchical in that one (the principal) retains the exclusive right to terminate the project while the other (the agent) focuses strictly on implementing the project assigned to him. As a key departure, we...

Persistent link: https://www.econbiz.de/10011421485

Breakdowns

Keller, Godfrey; Rady, Sven - In: Theoretical Economics 10 (2015) 1, pp. 175-202

We study a continuous-time game of strategic experimentation in which the players try to assess the failure rate of …

Persistent link: https://www.econbiz.de/10011599538

Does Time Pressure Impair Performance? An Experiment on Queueing Behavior

Conte, Anna; Scarsini, Marco; Sürücü, Oktay - Institut für Mathematische Wirtschaftsforschung, … - 2015

We experimentally explore the effects of time pressure on decision making. Under different time allowance conditions, subjects are presented with a queueing situation and asked to join one of two queues that differ in length, server speed, and entry fee. The results can be grouped under two main...

Persistent link: https://www.econbiz.de/10011261806

Learning to Disagree in a Game of Experimentation

Bonatti, Alessandro; Horner, Johannes - Cowles Foundation for Research in Economics, Yale University - 2015

We analyse strategic experimentation in which information arrives through fully revealing, publicly observable … improves. We analyse the role of policy interventions such as subsidies for experimentation and risk-sharing agreements. We …

Persistent link: https://www.econbiz.de/10011203001

Against the Use of Knowledge Gained from Animal Experimentation

Tuvel, Rebecca - In: Societies 5 (2015) 1, pp. 220-244

While there exists considerable protest against the use of animals in experimentation, less protest is voiced against … the use of knowledge gained from animal experimentation. Pulling from arguments against the use of Nazi data, I suggest … that using knowledge gained from animal experimentation both disrespects animal victims and sustains the practice. It is …

Persistent link: https://www.econbiz.de/10011210731

Shea (<i>Vitellaria paradoxa</i>) Butter Production and Resource Use by Urban and Rural Processors in Northern Ghana

Jasaw, Godfred Seidu; Saito, Osamu; Takeuchi, Kazuhiko - In: Sustainability 7 (2015) 4, pp. 3592-3614

This article explores the use of field experimentation in presenting an account of input inventory, material quantities …

Persistent link: https://www.econbiz.de/10011212333

Breakdowns

Keller, Godfrey; Rady, Sven - In: Theoretical Economics 10 (2015) 1

We study a continuous-time game of strategic experimentation in which the players try to assess the failure rate of …

Persistent link: https://www.econbiz.de/10011145593

Optimal Design for Social Learning

Che, Yeon-Koo; Horner, Johannes - Cowles Foundation for Research in Economics, Yale University - 2015

incentives for early experimentation, the optimal design trades off fully transparent social learning by over-recommending a … recommendations may become optimal if a (socially-benevolent) designer does not observe the agents’ costs of experimentation. …

Persistent link: https://www.econbiz.de/10011272683

Experimentation in Two-Sided Markets

Peitz, Martin; Rady, Sven; Trepper, Piers - CESifo - 2015

We study optimal experimentation by a monopolistic platform in a two-sided market. The platform provider is uncertain …

Persistent link: https://www.econbiz.de/10011277185