. -- Asymmetric Information ; Adverse Selection ; Learning ; Health Insurance …

certain modes of behavior due to learning by doing. This paper provides discrete-time adjustment processes for strategic games … beliefs supported by observed play in the recent past, in line with much of the literature on learning. These processes … eventually settle down in the minimal prep sets of Voorneveld (2004, 2005). -- adjustment ; learning ; minimal prep sets …

Guided by a simple theory of task assignment and time allocation, we investigate the long run response to national … differences in tax rates on labor income, payrolls and consumption. The theory implies that higher tax rates reduce work time in …