This paper presents a model of a rational seller who is actively learning the slope of his demand curve via his pricing … (as observed in the data), which has proved to be a major challenge to most price setting models.  This model's learning …

.  We propose a completely uncoupled learning process that selects a subset of the core of the game with a natural equity …

learning based on level-k reasoning.  We find a systematic positive relationship between cognitive ability and levels … ability to that of character skills, and find that both cognition and personality affect behavior and learning.  More …

Models of macroeconomic learning are populated by agents who possess a great deal of knowledge of the "true" structure … of the economy, and yet ignore the impact of their own learning on that structure; they may learn about an equilibrium …, but they do not learn within it.  An alternative learning model is presented where agents' decisions are informed by …

the existing literature, which typically focuses on the learning of private agents during a disinflation.  We build a …

other, and can delay their decision. Subjects acted rationally, gaining from observational learning, despite penalties for …