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The main goal of our study is to analyze how success and failure in crucial situations affect subsequent individual … performance. Our study is based on evidence from a natural experiment of NBA (National Basketball Association) players: Based on … to their 4th quarter performance as well as compared to their game and season averages. Yet the average performances in …
Persistent link: https://www.econbiz.de/10010472514
This paper studies the role of imperfect information and attentional biases in the context of energy efficiency …' decision to replace the central heating appliance, and employ both within-subject information disclosure and betweensubject … variation in information provision to quantify how tenants trade-off energy efficiency and rent increases. A set of quantile …
Persistent link: https://www.econbiz.de/10011916633
Communication is well known to increase cooperation rates in social dilemma situations, but the exact mechanisms behind … this have been questioned and discussed. This study examines the impact of communication on public good provisioning in an … experimental findings, we observe a strong increase in cooperation when face-to-face communication is allowed before decision …
Persistent link: https://www.econbiz.de/10014433379
We show that venture capitalists' (VCs) on-site involvement with their portfolio companies leads to an increase in (1) innovation and (2) the likelihood of a successful exit. We rule out selection effects by exploiting an exogenous source of variation in VC involvement: the introduction of new...
Persistent link: https://www.econbiz.de/10010205905
This paper studies a two-stage R&D race, in which, at the outset, firms are uncertain regarding the viability of the project. Learning through experimentation introduces a bilateral (dynamic) feedback mechanism. For relatively low-value products, the equilibrium cutoff belief coincides with the...
Persistent link: https://www.econbiz.de/10012850214
classes) and in the lab (e.g., testing how varying disclosure affects performance in implementing software patents). But many …
Persistent link: https://www.econbiz.de/10014155564
-scale experimentation would allow for incremental learning and information gathering without impeding innovation. However, I also contend …. Instead, the coming into effect of regulations should be delayed to a later stage when more information about an innovative …
Persistent link: https://www.econbiz.de/10014134074
Established firms accumulate a significant body of knowledge, expertise and capabilities that are often secondary to their central revenue generating activities. How do they leverage this expertise in non-core technology into future value creation opportunities? In this paper we examine an...
Persistent link: https://www.econbiz.de/10013092713