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Learning and governance in inter-firm relations

Nooteboom, Bart (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001876721

Asset return dynamics and learning

Branch, William A. (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003432584

Essays on individual decision making under uncertainty

Payzan Le Nestour, Elise - 2009

Persistent link: https://www.econbiz.de/10003947561

The economic consequences of social network structure

Jackson, Matthew O.; Rogers, Brian; Zenou, Yves - 2016

We survey the literature on the economic consequences of the structure of social networks. We develop a taxonomy of "macro" and "micro" characteristics of social interaction networks and discuss both the theoretical and empirical findings concerning the role of those characteristics in...

Persistent link: https://www.econbiz.de/10011444460

Inertial behavior and generalized partition

Dillenberger, David; Sadowski, Philipp - 2016

We call behavior inertial if it does not react to the apparent arrival of relevant information. In a context where the precise information content of signals is subjective, we formulate an axiom that captures inertial behavior, and provide a representation that explains such behavior as that of...

Persistent link: https://www.econbiz.de/10011524256

Behavioral foundations of sustainability transitions

Gazheli, Ardjan; Antal, Miklós; Bergh, Jeroen C. J. M. … - 2012

Writings on sustainability transitions generally do not say much about the particularities of the behavior of individuals and organizations. This is somewhat surprising since an important problem which transition management needs to tackle is inertia or resistance to change. Transition policy...

Persistent link: https://www.econbiz.de/10010430808

Behavioral Learning Equilibria

Hommes, Cars H. - 2013

We propose behavioral learning equilibria as a plausible explanation of coordination of individual expectations and aggregate phenomena such as excess volatility in stock prices and high persistence in inflation. Boundedly rational agents use a simple univariate linear forecasting rule and...

Persistent link: https://www.econbiz.de/10013088595

From Self-Fulfilling Mistakes to Behavioral Learning Equilibria

Hommes, Cars H. - 2017

This essay links some of my own work on expectations, learning and bounded rationality to the inspiring ideas of Jean-Michel Grandmont. In particular, my work on consistent expectations and behavioral learning equilibria may be seen as formalizations of JMG's ideas of self-fulfilling mistakes....

Persistent link: https://www.econbiz.de/10012964368

Bounded Rationality and Learning : A Framework and a Robustness Result

Bohren, J. Aislinn - 2017

We explore model misspecification in an observational learning framework. Individuals learn from private and public signals and the actions of others. An agent's type specifies her model of the world. Misspecified types have incorrect beliefs about the signal distribution, how other agents draw...

Persistent link: https://www.econbiz.de/10012956335

Toward a Behavioral Theory of Real Options : Noisy Signals, Bias, and Learning

Posen, Hart E. - 2020

We develop a behavioral theory of real options that relaxes the informational and behavioral assumptions underlying … applications of financial options theory to real assets. To do so, we augment real option theory's focus on uncertain future asset … values (prospective uncertainty) with feedback learning theory that considers uncertain current asset values (contemporaneous …

Persistent link: https://www.econbiz.de/10012856401

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