Showing 1 - 9 of 9
Using life cycle publication data of 9,368 economics PhD graduates from 127 U.S. institutions, we investigate how unemployment in the U.S. economy prior to starting graduate studies and at the time of entry into the academic job market affect economics PhD graduates’ research productivity. We...
Persistent link: https://www.econbiz.de/10010904925
environmental agreements. Later papers confirmed this negative conclusion about the role of learning. In the light of intensified … a more general setting without restriction on the number of players and which considers not only no and full learning … but also partial learning. Second, we test whether the conclusion also holds if there is uncertainty about abatement costs …
Persistent link: https://www.econbiz.de/10008465547
broadcast or sent via shortest paths; only connection density matters. In contrast, homophily substantially slows learning based …
Persistent link: https://www.econbiz.de/10005008021
We consider a simple dynamic model of environmental taxation that exhibits time inconsistency. There are two categories of firms, Believers, who take the tax announcements made by the Regulator to face value, and Non-Believers, who perfectly anticipate the Regulator's decisions, albeit at a...
Persistent link: https://www.econbiz.de/10005423072
The survey is concerned with the issue of information transmission from experts to non-experts. Two main approaches to the use of experts can be traced. According to the game-theoretic approach expertise is a case of asymmetric information between the expert, who is the better informed agent,...
Persistent link: https://www.econbiz.de/10005423114
We study learning and influence in a setting where agents communicate according to an arbitrary social network and …
Persistent link: https://www.econbiz.de/10005423267
simultaneously. We propose a decentralized, completely uncoupled learning process in such environments that leads to stable and … sell-side). This simple and intuitive learning process implements core allocations even though agents have no knowledge of …
Persistent link: https://www.econbiz.de/10010665513
We study extrapolation between games in a laboratory experiment. Participants in our experiment first play either the dominance solvable guessing game or a Coordination version of the guessing game for five rounds. Afterwards they play a 3x3 normal form game for ten rounds with random matching...
Persistent link: https://www.econbiz.de/10008828406
Uncertainty plays a key role in the economics of climate change, and the discussions surrounding its implications for climate policy are far from settled. We give an overview of the literature on uncertainty in integrated assessment models of climate change and identify some future research...
Persistent link: https://www.econbiz.de/10008828410