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Common Good Institutions, Identity in the Workplace, and Value Dynamics

Athias, Laure - 2024

The theory of social choice stresses that the general interest determined through the aggregation of individual preferences implies interpersonal utility comparisons and hence necessarily a notion of common good beyond individual preferences. The pursuit of the common good falls to all services...

Persistent link: https://www.econbiz.de/10015213320

Knowledge creation through multimodal communication

Berliant, Marcus; Fujita, Masahisa - 2024

Knowledge creation either in isolation or joint with another person, using either face to face or internet contact and … workers to choose endogenously their mode of communication. In addition to formal knowledge, tacit knowledge plays an … essential role in the knowledge production process. Lead time for face to face communication plays a key role in the optimal …

Persistent link: https://www.econbiz.de/10015213415

Measuring the Welfare of Intermediaries

Donna, Javier D.; Pereira, Pedro; Pires, Tiago; … - 2021

We empirically investigate the welfare implications of intermediaries in oligopolistic markets, where intermediaries offer additional services to differentiate their products from the ones of the manufacturers. Our identification strategy exploits the unique circumstance that, in the outdoors...

Persistent link: https://www.econbiz.de/10015213509

Learning-Testing Process in Classroom: An Empirical Simulation Model

Buda, Rodolphe - 2009

the pupils’ communication behavior during lessons and tests. The representation of the knowledge process is very … of each pupil, to compare them to the new-classical(and keynesian) and Austrian information and knowledge theoretical …

Persistent link: https://www.econbiz.de/10015213737

The Role of Digitalization, Natural Resources, and Trade Openness in Driving Economic Growth: Fresh Insights from East Asia-Pacific Countries

Bakari, Sayef - 2024

This study explores the determinants of economic growth in 17 East Asia-Pacific countries from 2004 to 2023, analyzing the effects of capital, labor, digitalization, financial development, natural resources, and trade openness. Utilizing a suite of statistical and econometric...

Persistent link: https://www.econbiz.de/10015213839

On the existence of the competitive equilibrium in Grossman and Shapiro (1984)

Creane, Anthony - 2020

In their seminal paper, Grossman and Shapiro (1984) assume that it is not profitable for a firm to deviate to the supercompetitive price of Salop (1979). In this paper, it is shown that this assumption is violated if, roughly, each firm reaches less than half of all consumers unless it is a...

Persistent link: https://www.econbiz.de/10015213968

Learning from prices: information aggregation and accumulation in an asset market

Berardi, Michele - 2020

Can prices convey information about the fundamental value of an asset? This paper considers this problem in relation to the dynamic properties of the fundamental (whether it is constant or time-varying) and the structure of information available to agents. Risk-averse traders receive two...

Persistent link: https://www.econbiz.de/10015214001

Emergent Innovation and Sustainable Knowledge Co-creation. A Socio-Epistemological Approach to “Innovation from within”

Peschl, Markus F.; Fundneider, Thomas - 2008

Innovation has become one of the most important issues in modern knowledge society. As opposed to radical innovation … knowledge society will be discussed. … radically new knowledge and at the same time for an organic development from within the organization. From a more general …

Persistent link: https://www.econbiz.de/10015214008

Information Choice in Financial Markets

Astaiza-Gómez, José Gabriel - 2021

The decision process of an investor who must screen information of varying quality in a stock market with heterogeneous investors leads to new dimensions to consider in the risk-return space. More volatile forecast errors make it more difficult to properly form expectations from forecasts....

Persistent link: https://www.econbiz.de/10015214097

The Price of Flexibility: Towards a Theory of Thinking Aversion

Ortoleva, Pietro - 2008

The goal of this paper is to model an agent who dislikes large choice sets because of the "cost of thinking" involved in choosing from them. We take as a primitive a preference relation over lotteries of menus and impose novel axioms that allow us to separately identify the genuine preference...

Persistent link: https://www.econbiz.de/10015214306