An examination of Hayek's hypothesis on entrepreneurial discovery

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dc.contributor.advisorOxoby, Robert J.
dc.contributor.authorCampbell, Michael
dc.date.accessioned2005-08-16T16:52:22Z
dc.date.available2005-08-16T16:52:22Z
dc.date.issued2004
dc.descriptionBibliography: p. 57-60en
dc.descriptionSome pages are in colour.en
dc.description.abstractI examine Hayek's 1968 hypothesis on competition as a discovery mechanism. This study attempts to create an experiment to support the work of Hayek in respect to how subjects discover their relative ability level, using a skill-based market entry games. I applied a variation of the market entry game which Camerer and Lovallo (1999) used to show overconfidence in subjects. By adding feedback relating to their performance allowed subjects to 'discover' information concerning their relative ability level. As the experiment progresses, there is clear evidence that skill level does influence the entry decision of subjects. This leads to the conclusion that Hayek's hypothesis is supported through this experiment.en
dc.format.extentviii, 66 leaves : ill. ; 30 cm.en
dc.identifier.citationCampbell, M. (2004). An examination of Hayek's hypothesis on entrepreneurial discovery (Master's thesis, University of Calgary, Calgary, Canada). Retrieved from https://prism.ucalgary.ca. doi:10.11575/PRISM/21246en_US
dc.identifier.doihttp://dx.doi.org/10.11575/PRISM/21246
dc.identifier.isbn049403808en
dc.identifier.lccAC1 .T484 2004 C357en
dc.identifier.urihttp://hdl.handle.net/1880/41387
dc.language.isoeng
dc.publisher.institutionUniversity of Calgaryen
dc.publisher.placeCalgaryen
dc.rightsUniversity of Calgary graduate students retain copyright ownership and moral rights for their thesis. You may use this material in any way that is permitted by the Copyright Act or through licensing that has been assigned to the document. For uses that are not allowable under copyright legislation or licensing, you are required to seek permission.
dc.titleAn examination of Hayek's hypothesis on entrepreneurial discovery
dc.typemaster thesis
thesis.degree.disciplineEconomics
thesis.degree.grantorUniversity of Calgary
thesis.degree.nameMaster of Arts (MA)
ucalgary.item.requestcopytrue
ucalgary.thesis.accessionTheses Collection 58.002:Box 1493 520492010
ucalgary.thesis.notesUARCen
ucalgary.thesis.uarcreleaseyen
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