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I present a novel experimental design to measure lying and mistrust as continuous variables on an individual level. My experiment is a sender-receiver game framed as an investment game. It features two players: firstly, an advisor with complete information (i.e., the sender) who is incentivized...
Persistent link: https://www.econbiz.de/10012287818
This paper investigates tools to counter excessive stock trading and increase profits for private households participating in the stock market. Creating a stylised hold or trade-scenario in a computer laboratory experiment, I find that by solely changing the information the participants receive,...
Persistent link: https://www.econbiz.de/10012287837
Intelligent investors differ from speculative or non-professional investors in the fact that intelligent investors act countercyclically; that is, they act against the trend, or otherwise, they buy when prices have already fallen and sell when their rate of selected investment has already risen....
Persistent link: https://www.econbiz.de/10013336918
Financial contracts are complicated and consumers often do not grasp them in their entirety. This may lead to financial mistakes. We develop a quantitative theory of unsecured credit and equilibrium default in a market with sophisticated and näive borrowers who sometimes misunderstand their...
Persistent link: https://www.econbiz.de/10012623105
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Sticky costs materialize when costs increase more with rising an activity than they decrease with falling of the very same amount of the activity. Over time a silent diffusion of sticky costs can be observed in the HoReCa (HOtel/REstaurant/CAtering) industry. In sticky costs literature the cost...
Persistent link: https://www.econbiz.de/10012141482
. In this paper, we present insight into previous knowledge of students of health care related to the management domain and …Knowledge management is a vital source of sustainable competitive advantage in all social areas, including health care …, and key identified themes offer several educational implications. Students wish to learn organizational techniques, team …
Persistent link: https://www.econbiz.de/10012288769
candidate for the position of salesperson. That will allow students who want to build their career in sales to prepare … related to formal and informal education, knowledge of foreign languages, skills, personal characteristics, etc., by using a …
Persistent link: https://www.econbiz.de/10011920320