or a technological standard. A model built on the principles of a neural network is proposed and a learning procedure is … histories, Referring to the concept of criticality developed by physicists, it shall be shown that learning, in a social … structure, can lead the network to a critical state, called 'learning induced criticality, where some agents are able to exert a …

communicating through a social network are unable to account for repetitions in the information they receive. We find that, after …

benefit and a delayed cost. The agent has incomplete information on the cost inherent to each unit of consumption and …

This article relates agents' learning of a preference for a technology, competition of technologies, and their relative …–Volterra model. To also incorporate preference learning on the part of potential adopters of these technologies, we combine it with a … model of cultural learning based on role model, conformist, and hedonistic learning. Our theoretical analysis is illustrated …

model combining the learning aspect of experience goods with reference-dependent preferences, we setup a field experiment in … Northern Uganda in which three health products differing in their scope for learning were initially offered either for free or … for sale at market prices. In line with prior studies, when the product has potential for positive learning, we do not …

spread gradually, reflecting heterogeneity among potential adopters, processes of learning and technological improvement, and … technologies, social networks, behavioral economics, path dependency, and ex ante adjustment in explaining patterns of adoption and …

learning. In repeat-choice situations, such learning brings value. If probabilities appear favorable (unfavorable), a choice …, decision makers often prove to be blind to the learning opportunities offered by uncertain probabilities. They forgo … significant expected payoffs when they shun uncertain alternatives in favor of known ones. Worse, when information is revealed …

. We study behavior in a sequential contest, considering information about the effort level of subjects in other contests … (observation of peers) and information about the payoff-maximizing effort level (coaching) as treatment variables. Presentation of … decisions of second movers were positively influenced by coaching when this information was presented alone; however, when …

social network - can influence our choices. These choices in turn influence the generation of new information and shape … collective learning. The present paper provides a summary of this research. …

nonfinancial returns to adoption, one's own learning and social learning, technological externalities, scale economies, schooling …