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A pharmaceutical innovation: Is it worth the money? Whose money?

Sennhauser, Michèle; Zweifel, Peter - 2009

This study seeks to provide evidence for deciding whether or not a pharmaceutical innovation should be included in the … treatment cost in both financing alternatives, justifying inclusion of the innovation in the benefit list from a cost …

Persistent link: https://www.econbiz.de/10010315493

Competition and innovation: An experimental investigation

Sacco, Dario - 2007

The paper analyzes the effects of competitive intensity on firms' incentives to invest in process innovations through an experiment based on two-stage games, where R&D investment choices are followed by product market competition. An increase in the intensity of competition is modeled as an...

Persistent link: https://www.econbiz.de/10010315551

Competition and innovation: An experimental investigation

Sacco, Dario; Schmutzler, Armin - 2008

The paper analyzes the effects of more intense competition on firms' incentives to invest in process innovations. We carry out experiments based on two-stage games, where R&D investment choices are followed by product market competition. As predicted by theory, an increase in the number of firms...

Persistent link: https://www.econbiz.de/10010315588

How do judgmental overconfidence and overoptimism shape innovative activity?

Herz, Holger; Schunk, Daniel; Zehnder, Christian - 2013

that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism leads to an innovation enhancing effect, judgmental overconfidence inhibits innovation …. Our results indicate that future research is well advised to take into account that the relationship between innovation …

Persistent link: https://www.econbiz.de/10010316868

Maintaining efficiency while integrating entrants from lower-performing groups: An experimental study

Salmon, Timothy C.; Weber, Roberto A. - 2014

Efficiently growing a group or firm often requires integration of individuals from lower-performing entities. We explore the effectiveness of two policies intended to facilitate such integration, using a laboratory experiment that models production as a coordination game with Pareto-ranked...

Persistent link: https://www.econbiz.de/10011282460

Maintaining efficiency while integrating entrants from lower-performing environments: An experimental study

Salmon, Timothy C.; Weber, Roberto A. - 2011

Efficient growth often requires the integration of individuals from lower-performing groups, firms, or societies into higher-performing ones. Such integration may be difficult without facilitating interventions or restrictions. We explore, using a laboratory experiment, the effectiveness of two...

Persistent link: https://www.econbiz.de/10010316829

Leadership and influence: Evidence from an artefactual field experiment on local public good provision

D'Adda, Giovanna - 2011

This paper studies the effect of leadership on the level and evolution of pro-social behavior using an artefactual field experiment on local public good provision. Participants decide how much to contribute to an actual conservation project. They can then revise their donations after being...

Persistent link: https://www.econbiz.de/10010316874