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This paper introduces learning dynamics into a posted-offer pricing game, in which sellers observe past …
Persistent link: https://www.econbiz.de/10005550883
The literature on time-inconsistent preferences introduced naive, partially naive and sophisticated as types of agents that represent different levels of unawareness of agents' self-control problems. This paper incorporates time-inconsistent players in a sequential bargaining model. We first...
Persistent link: https://www.econbiz.de/10005550915
of evolutionary and learning processes in this game. Only the continuous best response dynamic uniquely selects the …
Persistent link: https://www.econbiz.de/10005550927
Experiential learning refers to learning which uses the learner’s experience as a base. This definition implies an … active and personal approach to learning. A more operational definition is provided below. While experiential learning has … experiential learning is not superior to traditional methods for transmitting knowledge. Similar results were found by Cherryholmes …
Persistent link: https://www.econbiz.de/10005556510
. Natural learning, an approach to help learners assume responsibility, was compared with the traditional strategy in seven …
Persistent link: https://www.econbiz.de/10005556524
applying to business schools, living with other MBA students, taking courses, interacting with faculty, and interviewing for …
Persistent link: https://www.econbiz.de/10005556526
education has been losing effectiveness. Most important, students are not learning to do things, such as making an effective … every level. My letter drew responses from alumni, faculty, recruiters, consultants, and students. Nearly all of them agreed …
Persistent link: https://www.econbiz.de/10005556554
^Susefulness.^T There is no evidence that the use of teacher ratings improves learning in the long run. The papers do not show that … experience will be better, or that students and faculty will be happier. Given the evidence to date, the case for student ratings … is weak. I raise some questions about usefulness, with a particular emphasis on the ratings^R effects on learning. …
Persistent link: https://www.econbiz.de/10005556572
uncertainty and learning. We find that the presence of a strategic interaction between the home and foreign central banks creates … an additional motivation for caution in monetary policy. An activist policy designed to help the learning of the home … central bank is suboptimal since it generates a strong reaction from the foreign central bank. As joint learning by the home …
Persistent link: https://www.econbiz.de/10005561306
, results depend on the learning scheme that is employed. Here, the learning scheme we investigate is that of least …-squares learning (recursive OLS) using the Kalman filter. A novel feature of a learning- based policy – as against the central bank …
Persistent link: https://www.econbiz.de/10005561368