Well-being is important to entrepreneurs, yet entrepreneurship does not necessarily foster well-being. Stressful work conditions such as venture distress might put entrepreneurs' well-being under pressure. Drawing upon self-determination theory, we investigate the conditions that enhance...

We study a duel game in which each player has incomplete knowledge of the game parameters. We present a simple, heuristically motivated and easily implemented algorithm by which, in the course of repeated plays, each player estimates the missing parameters and consequently learns his optimal...

Knowledge spillovers among firms are widely viewed as a key driver of agglomeration and growth, but are difficult to estimate cleanly. We randomly allocated an energy-efficient motor - a "servo'" motor - among leather-goods firms in Dhaka, Bangladesh, and tracked adoption, information flows,...

This paper considers Bayesian learning when players are biased about the data-generating process, and are biased about the opponent's bias about the data-generating process. Specifically, we assume that each player's bias about others takes the form of interpersonal projection, which is a...

This work highlights a previously overlooked factor that contributes to bias in private inflation forecasts-ignorance of confidential monetary rules. Additionally, it examines how this ignorance indirectly affects policy rate settings. The model proposed reconciles biases in two key forecast...