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This volume contains the papers and discussions of the 38th Ottobeuren Seminar on Economics dealing with the subject of experimental economics. It presents several experiments, some of whose results clearly contradict the predictions of traditional economics and thus provide important incentives...
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Traditional game theory usually relies on commonly known decision rationality meaning that choices are made in view of their consequences (the shadow of the future). Evolutionary game theory, however, denies any cognitive deliberation by assuming that choice behavior evolves due to its past...
Persistent link: https://www.econbiz.de/10009149285
Traditional game theory usually relies on commonly known decision rationality meaning that choices are made in view of their consequences (the shadow of the future). Evolutionary game theory, however, denies any cognitive deliberation by assuming that choice behavior evolves due to its past...
Persistent link: https://www.econbiz.de/10002644341
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This paper analyzes the patenting decision of a successful inventor in a model of dynamic technology adoption with asymmetric firms. We show that the extent of the inventor's technological headstart is decisive for his patenting behavior. The overall patenting effect consists of two parts, a...
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Alexandra Zaby The Decision to Patent Physica-Verlag Contents Introduction 1 1.1 The Patent System 6 1.1.1 Disclosure Requirement 10 ...
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