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. …

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 …

interactions between them. We illustrate the ability of Machine Learning (ML) methods (Regression Trees, Random Forests and …

The literature on learning in unknown environments emphasises reinforcing on actions which produce positive results …

punishment and the ways in which this inter-agency learning takes place over time …

learning, and even idiosyncratic variation. Our paper cautions that the slider task will be underpowered for uncovering a …