theme in Joe Stiglitz monumental work, namely, the analysis of economies characterised by persistent learning and … major themes, namely, the consequences of learning and dynamic increasing returns, and "Keynesian" coordination failures …

agent they consider is characterized by an imperfect learning model. An interesting question that emerges is if, and to what …

-reaction occurs, thus rational agents may strategically want to bias their learning process. Our analysis points out that the …

misspecified models. Under model misspecification, standard Bayesian learning loses its formal justification and biased learning … processes may provide a selection advantage. However, considering two cases of model misspecification and four learning … processes, our analysis reveals a general difficulty in ranking learning behaviors with respect to their long-run performances …

random or simultaneous updating, its convergence properties are closest to those exhibited by three popular learning rules … that have been calibrated to human game-playing in experiments (reinforcement learning, fictitious play, and replicator …

th century, and the diffusion of knowledge through organised learning had positive and significant effects on the growth …