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We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain …
Persistent link: https://www.econbiz.de/10013083098
In "new" new international trade theory, whether firms export or not are determined by their productivity. These models …
Persistent link: https://www.econbiz.de/10013083086
study, I examine how introducing a time delay into the execution of an investment plan influences individuals' risk …
Persistent link: https://www.econbiz.de/10012862462
-sponsored training records dating back more than 30 years. Human capital theory predicts that the amount of training and the length of …
Persistent link: https://www.econbiz.de/10013111207
frequency of stochastic jumps will determine the optimum amount of time and money to invest in pursuing an AGI and that these … may be too expensive and time-consuming for most private entrepreneurs …
Persistent link: https://www.econbiz.de/10014083861
option theory. We derive the efficient separation rule. The model fits the observed distribution of job tenures well. Since …
Persistent link: https://www.econbiz.de/10012780583
This paper investigates, both theoretically and empirically, the effect of sociability on the age of marriage. Theoretically, a more sociable individual has higher chances of finding a suitable partner for marriage early in life, and hence is expected to marry earlier than an otherwise similar...
Persistent link: https://www.econbiz.de/10013104957
hypothesis. This paper presents an alternative theory of abortion access and marriage based on asymmetric information, which …
Persistent link: https://www.econbiz.de/10013159512
. Specifically, we administer an at-home sleep restriction protocol combined with random assignment to the time-of-day for decision … making. Thus, we induce sleepiness in our subjects via sleep restriction as well as suboptimal time-of-day prior to …
Persistent link: https://www.econbiz.de/10012947720
This paper provides a simple, yet general framework to analyze the optimal time profile of benefits during the …
Persistent link: https://www.econbiz.de/10012904023