The paper examines in the laboratory how risk-taking situations are affected by the conditions of observing other’s choices (observer) and being observed by others (source). By extending Yechiam et al.’s (2008) experimental design to the domain of gains we find that observers are more...

The paper analyzes physiological responses to different visual representations of stressful work activities. A between-subject experiment was conducted to analyze differences in heart rate (HR) and electromyography (EMG) between subjects watching videos featuring real actors and virtual videos...

Patenting is a most common strategies to protect and commercially exploit innovations. Patented inventions could be licensed on the market, and its use allowed to interested parties at a price. Therefore, many organizations have to form desirable combinations of licenses, to perform efficiently...

According to the Lisbon Strategy innovation is considered to be a fundamental element for socio-economic growth in the EU. In particular, since it is estimated to count for about 16-18% of the European GDP, public procurement can be a driving force for this. To support this role in 2007 the EC...

In the stage game Prisoner's Dilemna one line of research which is pursued to justify the cooperative outcome is based upton some idea of correlation. This paper aims at testing whether correlation could support a cooperative behavior in the long run, by embedding the infinitely repeataed game...

The paper introduces Knightian uncertainty, formalized by non-additive probabilities, within a simple agency model. The framework appears to be suitable to deal with issues like delegation in innovative firms. The paper stresses that, with Knightian uncertainty, if the principal is pessimistic...