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In an information cascade experiment participants are confronted with artificial predecessors predicting in line with the BHW model (Bikchandani, S., Hirshleifer, D., & Welch, I. (1992). A theory of fads, fashion, custom, and cultural change as informational cascades. Journal of Political...
Persistent link: https://www.econbiz.de/10005383315
In an information cascade experiment participants are confronted with artificial predecessors predicting in line with the BHW model (Bikchandani et al., 1992). Using the BDM (Becker et al., 1964) mechanism we study participants' probability perceptions based on maximum prices for participating...
Persistent link: https://www.econbiz.de/10005677930
In an information cascade experiment participants are confronted with artificial predecessors predicting in line with the BHW model (Bikchandani et al., 1992). Using the BDM (Becker et al., 1964) mechanism we study participants' probability perceptions based on maximum prices for participating...
Persistent link: https://www.econbiz.de/10005785870
Persistent link: https://www.econbiz.de/10011090058
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Off-grid generation options have been simulated for remote villages in Cameroon using a load of 110kWh/day and 12kWp. The energy costs of proposed options were simulated using HOMER, a typical village load profile, the solar resource of Garoua and the flow of river Mungo. For a 40% increase in...
Persistent link: https://www.econbiz.de/10011044594
In eBay s Buy-it-Now auctions sellers can post prices at which buyers can purchase a good prior to an auction. We study how sellers set Buy-it-Now prices when buyers have independent private values for a single object for sale. We test the predictions of a model by combining the real auction...
Persistent link: https://www.econbiz.de/10011163964