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, learning through experimentation, or a preference for variety. The analysis uncovers the key tradeoffs that platforms face in …
Persistent link: https://www.econbiz.de/10011858085
We consider a platform in which multiple sellers offer their products for sale over a time horizon of T periods. Each seller sets its own price. The platform collects a fraction of the sales revenue and provides price-setting incentives to the sellers to maximize its own revenue. The demand for...
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How can naivete about present bias persist despite experience? To answer this question, our experiment investigates … the nature of the task at the second date further shows that learning is unencumbered by a change in environment. Our … in experimentation and a failure to activate self-regulation mechanisms. …
Persistent link: https://www.econbiz.de/10011976128
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The importance of comprehensive annotations for learning resources is widely recognized. However, it is often unclear … how these annotations should be created. A promising solution might be that learners annotate learning resources during … execution of learning processes. This paper examines tagging as a learner-driven approach that can be used to get annotations on …
Persistent link: https://www.econbiz.de/10009376497
the degree of experimentation is decreasing in the safe value of resource use. Non-cooperative agents can take advantage … regime shift induces the first-best. If the status-quo is not sufficiently valuable, experimentation will be inefficiently …
Persistent link: https://www.econbiz.de/10011298741
The literature on learning in unknown environments emphasises reinforcing on actions which produce positive results …
Persistent link: https://www.econbiz.de/10011517970
Responsive open learning environments (ROLEs) are characterized through their openness for new configurations, new … contents and new users, and through their responsiveness to learners' activities in respect to learning goals. Openness … specifically encompasses the ability to include new learning material and new learning services. These can be combined either in a …
Persistent link: https://www.econbiz.de/10008772820