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represent an understudied channel for this type of social learning. We study an environmentally-focused law in the shale gas …
Persistent link: https://www.econbiz.de/10012481048
a quality upgrade one of these inputs requires a period of learning before it can be used effectively, then in general … wasteful to tie up funds in the other inputs which will be underutilized until the date learning is over. We provide evidence …
Persistent link: https://www.econbiz.de/10012472958
, endogenous learning here eliminates that effect …
Persistent link: https://www.econbiz.de/10012453797
Performance-raising practices tend to diffuse slowly in the health care sector. To understand how incentives drive adoption, I study a practice that generates revenue for hospitals: submitting detailed documentation about patients. After a 2008 reform, hospitals could raise their Medicare...
Persistent link: https://www.econbiz.de/10012453219
Consistent with learning models of the adoption decision, we find positive treatment effects on farmers' estimated … predicting persistence of impacts of temporary technology adoption subsidies, in particular due to learning effects …
Persistent link: https://www.econbiz.de/10012458203
social learning in which the consumption decisions of individuals depend on information they receive from their peers. The … pieces of evidence are consistent with social learning. First, sales of movies with positive surprise and negative surprise …, social learning appears to be an important determinant of sales in the movie industry, accounting for 38% of sales for the …
Persistent link: https://www.econbiz.de/10012464814
We survey work using Bayesian learning in macroeconomics, highlighting common themes and new directions. First, we … present many of the common types of learning problems agents face---signal extraction problems---and trace out their effects … information. Models differ in their motives for information acquisition and the cost of information, or learning technology …
Persistent link: https://www.econbiz.de/10012660016
experience-based learning and sketch a simple model of its role in the stock market based on Malmendier et al. (2020a,b). I then …
Persistent link: https://www.econbiz.de/10012599364
We estimate the impact of district-level schooling mode (in-person versus hybrid or distance learning) on test scores …
Persistent link: https://www.econbiz.de/10012696406
triggers large asset-price jumps. We show that the learning choice is critically determined by preference parameters and the …
Persistent link: https://www.econbiz.de/10012463833