Showing 1 - 10 of 667
The growing use of on-line educational content and related video services has changed the way people access education, share knowledge, and possibly make life decisions. In this paper, we characterize how video content affects individual decision-making and willingness to share in the context of...
Persistent link: https://www.econbiz.de/10012458397
We analyze the behavior of game-show contestants who play a one-shot game called Friend or Foe. While it is a weakly dominant strategy not to cooperate, almost half the contestants on the show choose to play friend.' Remarkably, the behavior of contestants remains unchanged even when stakes are...
Persistent link: https://www.econbiz.de/10012468893
investigate this claim using a simple model of Bayesian learning. Two individuals with different priors observe the same infinite … behavior in a range of circumstances. We illustrate how the type of learning outlined in this paper interacts with economic …
Persistent link: https://www.econbiz.de/10012466013
We explore a model of non-Bayesian information aggregation in networks. Agents non-cooperatively choose among Friedkin-Johnsen type aggregation rules to maximize payoffs. The DeGroot rule is chosen in equilibrium if and only if there is noiseless information transmission...leading to consensus....
Persistent link: https://www.econbiz.de/10013190991
We examine how a social stigma of seeking information can inhibit learning. Consider a Seeker of uncertain ability who …
Persistent link: https://www.econbiz.de/10012480821
learning in guiding selective attention and market dynamics. We confirm that attention focuses on options that quickly achieve …
Persistent link: https://www.econbiz.de/10012457666
networks are recognized as the most credible source of information about new technologies. We incorporate social learning in … communicator influences learning and adoption. Farmers find communicators who face agricultural conditions and constraints most … comparable to themselves to be the most persuasive. Incorporating communication dynamics can take the influential social learning …
Persistent link: https://www.econbiz.de/10012458525
learning between the first and the nth attempt while controlling for selection into retaking in terms of observed and … unobserved characteristics. We find large learning gains measured in terms of improvements in the exam scores, especially among …
Persistent link: https://www.econbiz.de/10012458999
We examine the role of generalized constant gain stochastic gradient (SGCG) learning in generating large deviations of …
Persistent link: https://www.econbiz.de/10012461841
We survey the recent literature on learning in financial markets. Our main theme is that many financial market … uncertain and subject to learning. We discuss phenomena related to the volatility and predictability of asset returns, stock …
Persistent link: https://www.econbiz.de/10012464003