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We study the impact of social learning on the depth of reasoning in an experimental beauty-contest game. Naive advice and observation of others' decisions as two forms of social learning trigger faster convergence to the equilibrium. We find that subjects who receive advice outperform uninformed...
Persistent link: https://www.econbiz.de/10010735065
We study the effects of institutions of conflict management like corporatism, trust, civic norms and group membership on economic growth. By employing Schneider and Wagner’s (Kyklos 54:509–532, <CitationRef CitationID="CR25">2001</CitationRef>) model and data from 1990–2011, we show that corporatism has (still) a positive...</citationref>
Persistent link: https://www.econbiz.de/10010990123
We compare the influence of endogenous leadership on group's contributions in a public goods game with an exogenously appointed leader and find that groups with voluntary leaders outperform groups with involuntary leaders. The decision to contribute last does not undermine cooperation.
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Erster Teil -- Zum Begriff der Kreativen Industrien -- Zur Theorie der Kreativen Industrien -- Kreative Industrien im Internationalen Überblick -- Zweiter Teil -- Von der Theorie zur Empirie -- Kreative Industrien Berlins im Überblick -- Kreative Industrien Berlins im Detail -- Exkurs:...
Persistent link: https://www.econbiz.de/10014015681
1 -- The Notion of Creative Industries -- On the Theory of Creative Industries -- An International Overview on the Creative Industries -- 2 -- From Theory to Empirics -- The Berlin Creative Industries at a Glance -- The Creative Industries in Detail -- Excursus: Differences among Research...
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Summary Duration data derived from retrospective surveys often show an abnormal concentration of responses at certain durations. This common kind of measurement error is known as “heaping” in the statistical literature. We show how heaping effects can be modelled within a maximum likelihood...
Persistent link: https://www.econbiz.de/10014608626