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Université de Fribourg

The Causal Effects of Competition on Innovation : Experimental Evidence

Aghion, Philippe ; Bechtold, Stefan ; Cassar, Lea ; Herz, Holger

In: The Journal of Law, Economics, and Organization, 2018, vol. 34, no. 2, p. 162-195

We design two laboratory experiments to analyze the causal effects of competition on step-by-step innovation. Innovations result from costly R&D investments and move technology up one step. Competition is inversely measured by the ex post rents for firms that operate at the same technological level, i.e. for neck-and-neck firms. First, we find that increased competition leads to a significant...

Université de Fribourg

How Do Judgmental Overconfidence and Overoptimism Shape Innovative Activity?

Herz, Holger ; Schunk, Daniel ; Zehnder, Christian

In: Games and Economic Behavior, 2014, vol. 83, p. 1-23

Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue that the connection between overconfidence and innovation is more complex than the previous literature suggests. In particular, we show theoretically and experimentally that different forms of overconfidence may have opposing effects on innovative activity. While...

Université de Fribourg

If I can do it, so can you! : Peer effects on perseverance

Buechel, Berno ; Mechtenberg, Lydia ; Petersen, Julia

In: Journal of economic behavior and organization, 2018, vol. 155, p. 301-314

Successful performance – be it in school, at the job, or in sports activities – requires perseverance, i.e., persistent work on a demanding task. We investigate in a controlled laboratory experiment how an individual's social environment affects perseverance. We find evidence for two kinds of peer effects: being observed by a peer can postpone the decision to give up, while observing a...

Consortium of Swiss Academic Libraries

Gender and competition in adolescence: task matters

Dreber, Anna ; von Essen, Emma ; Ranehill, Eva

In: Experimental Economics, 2014, vol. 17, no. 1, p. 154-172

Consortium of Swiss Academic Libraries

z-Tree: Zurich toolbox for ready-made economic experiments

Fischbacher, Urs

In: Experimental Economics, 2007, vol. 10, no. 2, p. 171-178

Consortium of Swiss Academic Libraries

Competition and innovation: anexperimental investigation

Darai, Donja ; Sacco, Dario ; Schmutzler, Armin

In: Experimental Economics, 2010, vol. 13, no. 4, p. 439-460

Consortium of Swiss Academic Libraries

Range effects and lottery pricing

Blavatskyy, Pavlo ; Köhler, Wolfgang

In: Experimental Economics, 2009, vol. 12, no. 3, p. 332-349

Consortium of Swiss Academic Libraries

Betting on own knowledge: Experimental test of overconfidence

Blavatskyy, Pavlo

In: Journal of Risk and Uncertainty, 2009, vol. 38, no. 1, p. 39-49

Consortium of Swiss Academic Libraries

Bad Boys: How Criminal Identity Salience Affects Rule Violation

Cohn, Alain ; Maréchal, Michel André ; Noll, Thomas

In: The Review of Economic Studies, 2015, vol. 82, no. 4, p. 1289-1308