scholarly journals Private Value Takeover Auctions with Toeholds: An Experimental Study

Games ◽  
2021 ◽  
Vol 12 (2) ◽  
pp. 40
Author(s):  
Anna Dodonova ◽  
Yuri Khoroshilov

This paper presents the results of an experimental study of takeover auctions with toeholds. Consistent with the theory, we find a positive effect of toeholds on bidding. Such an effect, however, is of a lower magnitude and the bidding premium function has an opposite slope than the theory predicts, which can be attributed both to risk aversion and subjects’ tendency to think of their bids in relative terms. Consistent with the theory we find no cross-bidder toehold effect, however, such a result is inconsistent with the observed bidding function if people expect their opponents to behave the same way as they do.

Author(s):  
Seth Lindstromberg ◽  
June Eyckmans

Although retrieval of lexical forms is a prerequisite for language production, research of L2 vocabulary learning has focused much more on meanings and form-meaning mappings than on development of detailed, accessible mental representations of forms. This is particularly true with respect to multi-word items (MWIs). We report an experimental study involving a variety of intra-lexical, usage-based, and interlingual co-determinants of L2 vocabulary learnability pertaining to MWIs. Each learner (N = 60) encountered a randomly allocated set of 26 two-word MWIs (Nsets = 4) semi-randomly drawn from a larger pool of MWIs. Learners were asked to remember either the 13 MWIs showing the form variable assonance (e.g., change shape) or the 13 nonassonant control MWIs (e.g., sound good). Posttests of form recall revealed a large, durable effect of the focusing task in combination with forewarning of testing. Except when MWI concreteness (a semantic variable) was high, assonance had a positive effect on retrievability in recall tests given after delays of 15 minutes and one week. There was a consistent effect of the semi-semantic variable Mutual Information. Even in the context of a strong focus on forms, form variables are not the only variables that matter.


Poljoprivreda ◽  
2019 ◽  
Vol 25 (1) ◽  
pp. 69-75 ◽  
Author(s):  
Ivana Prakatur ◽  
Matija Domaćinović ◽  
Božica Lachner ◽  
Zvonimir Steiner ◽  
Dalida Galović ◽  
...  

The aim of this study was to determine the effect of diet supplementation with propolis and/or bee pollen on the performance indicators of broilers. This experimental study was conducted on 200 Ross 308 broilers equally distributed by sex and divided into five groups. Throughout the whole study the control group of chickens was fed feed mixture. Feed mixture fed to the experimental groups of chickens contained additives (propolis and/or bee pollen, each supplement separately or in combination in a certain proportion). The average values of broilers body weight were significantly higher on 7th (p=0.001), 14th, 21st, 28th, 35th (p<0.001) and 42nd (p=0.002) day of feeding in the experimental groups of broilers compared to the control group. The average values of broilers weight gain were significantly higher on 1st (p<0.001), 2nd (p=0.002), 3rd (p<0.001), 4th (p=0.029) and 5th (p=0.009) week of feeding in the experimental groups of broilers compared to the control group. This study has undoubtedly shown that propolis and bee pollen have significant positive effect on performance indicators of broilers.


2002 ◽  
Vol 24 (1) ◽  
pp. 81-112 ◽  
Author(s):  
María José de la Fuente

This experimental study investigates the differential effects of three conditions (nonnegotiated premodified input, negotiation without “pushed output” [Swain, 1985], and negotiation plus pushed output) on L2 learners' vocabulary comprehension and acquisition (receptive and productive). Analyses of variance performed on the data indicated that: (a) negotiated interaction had a positive effect on the comprehension of L2 words; (b) only negotiated interaction that incorporated pushed output appeared to have promoted both receptive and productive acquisition of words as well as an increase in productive word retention; and (c) negotiated interaction plus output did not promote receptive acquisition more than negotiation without output, but it was more effective in promoting productive acquisition. The findings of this study provide empirical evidence for the important role of negotiation in facilitating the comprehension and acquisition of L2 vocabulary, which suggests that output plays a key role within the negotiation process for productive lexical acquisition.


2011 ◽  
Vol 18 (1) ◽  
pp. 38-43
Author(s):  
Igor' Evgen'evich Nikityuk ◽  
Yu E Garkavenko ◽  
I E Nikityuk ◽  
Yu E Garkavenko

Experimental study of the influence of crystalline silicium upon the damaged physis of the proximal femoral growth zone was performed in 24 Chinchilla rabbits. Defect of growth zone was created by drilling (2.6 mm in diameter). In first experimental group a metallic screw was inserted into the created defect. In the second group silicium monocrystal 5x5x0.5 mm was placed into the defect next to the metallic screw. In control animals only the defect was created. In animal from 1st and control groups roentgenological picture showed the development of deformity in the operated extremity. No deformity was detected in animals from 2nd experimental group. Positive effect of crystalline silicium upon the damaged growth zone function was noted. Further study of this phenomenon may be perspective for the elaboration of new implantation materials with a view to stimulate regeneration of affected physis, preservation of its function, bones deformity prevention and correction.


2016 ◽  
Vol 12 (2) ◽  
Author(s):  
Rustam Romaniuc

AbstractThe use of mild laws to affect people’s behavior is pervasive – from environmental regulation to tort law – but little is known about how the law changes human behavior and social outcomes when it uses non-deterrent monetary incentives. We find that when low monetary incentives are framed so as to indicate what is group desirable behavior, people behave more cooperatively in a public goods game than when no-incentives exist. However, we find that the effect is transitory. Surprisingly, the effect is long lasting when low monetary incentives are presented as payments for some neutral behavior – that is, when the fine is presented as a mere price change. Our findings suggest that the indication of what is group desirable behavior makes salient the conflict between people’s normative expectations and what others effectively do. This undermines conditional cooperators’ own motivation to contribute to public goods. Neutrally framed price-incentives have a long lasting positive effect on contribution decisions because it does not indicate what one should do and thus avoids the conflict with what others effectively do.


2015 ◽  
Vol 6 (1) ◽  
pp. 63-76 ◽  
Author(s):  
Rina Oktaviyanthi ◽  
Yani Supriani

The experimental design was conducted to investigate the use of Microsoft Mathematics, free software made by Microsoft Corporation, in teaching and learning Calculus. This paper reports results from experimental study details on implementation of Microsoft Mathematics in Calculus, students’ achievement and the effects of the use of Microsoft Mathematics on students’ attitudes in relation to such experience. Two classes of the students from the first year student in Universitas Serang Raya were participated in the study. This study found that students who taught by using Microsoft Mathematics had higher achievement and has a positive effect on students’ confidence of mathematics.Keywords: Calculus, Educational Technology, Mathematics Education, Microsoft Mathematics, Technology Application DOI: dx.doi.org/10.22342/jme.61.63


2020 ◽  
Vol 21 (2) ◽  
pp. 220-242 ◽  
Author(s):  
Daniela Conti ◽  
Carla Cirasa ◽  
Santo Di Nuovo ◽  
Alessandro Di Nuovo

Abstract Robots are versatile devices that are promising tools for supporting teaching and learning in the classroom or at home. In fact, robots can be engaging and motivating, especially for young children. This paper presents an experimental study with 81 kindergarten children on memorizations of two tales narrated by a humanoid robot. The variables of the study are the content of the tales (knowledge or emotional) and the different social behaviour of the narrators: static human, static robot, expressive human, and expressive robot. Results suggest a positive effect of the expressive behaviour in robot storytelling, whose effectiveness is comparable to a human with the same behaviour and better when compared with a static inexpressive human. Higher efficacy is achieved by the robot in the tale with knowledge content, while the limited capability to express emotions made the robot less effective in the tale with emotional content.


2021 ◽  
Vol 1205 (1) ◽  
pp. 012017
Author(s):  
I Khongova ◽  
I Chromkova ◽  
V Prachar

Abstract The waste tire textile fibers from tires are generated as a by-product and are classified as special waste. To avoid landfilling and incineration of this waste, it is necessary to focus on its further use. This article describes an experimental study of the use of waste tire textile fibers for plaster mixtures. Waste fibers were added in different amounts of 2.9%, 3.6%, and 4.3% related to the weight of cement, the effect of fibers on selected properties was monitored. The results of the experimental work show that the lower addition of waste fibers (2.9% and 3.6%) had a predominantly positive effect on mechanical properties. By exceeding of the optimal dose of fibers, the tested properties of the plasters got worse.


2019 ◽  
Vol 20 (2) ◽  
pp. 62
Author(s):  
Zaenal Fanani ◽  
Georgina Elizabeth K. Saudale

Participation in the budgetary process does not only comes with a positive effect(s) but could also lead to negative behavior(s) of employees, one of which is the creation of budgetary slack. Previous studies said that information asymmetry is rated as one of the causes of the creation of budgetary slack. The purposes of this 3x2 factorial experimental study and between subject designs are to see the effect of information asymmetry on the budgetary slack and see whether information asymmetry and self-efficacy leads to the creation of budgetary slack. This study involved 65 undergraduate and postgraduate students from the accounting department of Economics and Business Faculty in Universitas Airlangga Sura­baya as participants. One way ANOVA and two- way ANOVA is used to test and analyze the proposed hypothesis. Results show that information asymmetry influences the creation of budgetary slack. However, production managers with high or low self-efficacy are still taking advantage of asymmetric information that happened to do budgetary slack.


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