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Different theories of expectation formation and learning usually yield different outcomes for realized market prices in … dynamic models. The purpose of this paper is to investigate expectation formation and learning in a controlled experimental …
Persistent link: https://www.econbiz.de/10011333266
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
equilibrium dynamics resulting from this learning process helps to explain the main stylized facts of free-floating exchange rates … the number of agents (not more than about 1000). With a larger population, this collective learning dynamics looses its … Hauptinteresse geht dahin, herauszufinden, ob die Gleichgewichtsdynamik, die aus diesem Lernprozess resultiert, dabei helfen kann …
Persistent link: https://www.econbiz.de/10011431839
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
Persistent link: https://www.econbiz.de/10010411487
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
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