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Considerable public resources are devoted to the establishment and operation of business incubators (BIs), which are seen as catalysts for the promotion of entrepreneurship, innovation activities and regional development. Despite the vast amount of research that has focused on the outcomes or...
Persistent link: https://www.econbiz.de/10003825748
This paper considers the problem of changing prices over time to maximize expected revenues in the presence of unknown demand distribution parameters. It provides and compares several methods that use the sequence of past prices and observed demands to set price in the current period. A Taylor...
Persistent link: https://www.econbiz.de/10012025378
. Surprisingly, we have null findings for testosterone as well as estradiol and cortisol. Controlling for risk aversion does not … ; Gender ; Competition ; Aggression ; Dominance ; Risk-taking ; Endocrinological economics …
Persistent link: https://www.econbiz.de/10009544159
In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values, we … ; menstrual cycle ; gender ; likelihood of conception ; first price auction ; risk behavior ; competition ; bidding …
Persistent link: https://www.econbiz.de/10003878997
We conduct a laboratory experiment where third-party spectators can redistribute resources between two agents, thereby … bad uncontrollable luck. Instead, they condition such compensation on the agent's decision regarding controllable luck …
Persistent link: https://www.econbiz.de/10010393298
Persistent link: https://www.econbiz.de/10009771755
investors' effective risk aversion. Using this utility function, we extend the "no good deals" methodology of Cochrane and Saá … some numerical examples. -- asset pricing theory ; good-deal bounds ; Knightian uncertainty ; model uncertainty …
Persistent link: https://www.econbiz.de/10009679505
This paper highlights the role of macroeconomic and financial uncertainty in predicting US recessions. In-sample forecasts using probit models indicate that these two variables are the best predictors of recessions at short horizons. Macroeconomic uncertainty has the highest predictive power up...
Persistent link: https://www.econbiz.de/10014092438
Persistent link: https://www.econbiz.de/10009699772
the United States, although most of the arguments translate immediately to decision-making in other countries. There are …
Persistent link: https://www.econbiz.de/10010274086