Helsinki GSE Discussion Papers

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Helsinki GSE Discussion Papers

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  • Experimentation
  • Firm Dynamics
  • Reference Dependence
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  • Skill-Related Differences in Reference-Dependent Stopping

    Marco Lambrecht

    This paper examines reference-dependent stopping in repeated risky decisionmaking and its relation to skill dependence and individual ability. Using field data from online heads-up poker tournaments, …

    Discussion paper

  • Furloughs, Employment, and Worker Reallocation in Normal Times

    Niku Määttänen, Eero Mäkynen, Oskari Vähämaa

    Are furlough schemes useful under normal business cycle conditions? We address this question using administrative data from Finland, where such a scheme has long existed, and a model of firm dynamics …

    Discussion paper

  • Gradual Learning from Incremental Actions

    Tuomas Laiho, Pauli Murto, and Julia Salmi

    We introduce a collective experimentation problem where a continuum of agents choose the timing of irreversible actions under uncertainty and where public feedback from the actions arrives gradually …

    Discussion paper