This paper studies the aggregate consequences of individual learning in the labor market. Specifically, I examine this … behavior of workers naturally occurs, resulting from a variety of individual histories. I describe the efficient learning and …

We develop a dynamic model of opinion formation in social networks when the information required for learning a payoff … though the neighbors’ views may be quite inaccurate). This non-Bayesian learning rule is motivated by the formidable …

This paper demonstrates that a misspecified model of information processing interferes with long-run learning and … to learn the true state. I consider a social learning environment where agents draw inference from private signals … efficient learning. Prior actions aggregate multiple sources of information; agents face an inferential challenge to distinguish …

market. In a model with both directed search and learning about the match quality of firm-worker pairs, I highlight the job … search target effect of learning: as a worker updates the evaluation of his current job, he adjusts his on-the-job search …

dynamics result from the interaction between two learning processes: exogenous learning about the existence of short …-lived buyers, and endogenous learning about the long-lived buyer's value. …

the views of their neighbors (even though the neighbors’ views may be quite inaccurate). This non-Bayesian learning rule …

this result and of fact-free learning in general. …

of fact-free learning in general. …