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study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills … losses from high bids are more salient than in SPAs. Experience in FPAs causes substantial cross-game learning for … bid shading by cognitively more able participants, resulting in lower profits in FPAs. Thus, cross-game learning has the …
Persistent link: https://www.econbiz.de/10013314693
infinite-horizon learning, and subjective expectations with Euler-equation learning. Under rational expectations, the model … necessitates of large, possibly unrealistically so, degrees of myopia. The same result persists under infinite-horizon learning …, given that agents are still remarkably farsighted. But, under Euler-equation learning, the model can fit the data with only …
Persistent link: https://www.econbiz.de/10013229788
experiment is much more positive than their students. evaluations do improve significantly in response to receiving feedback. We …We ran a field experiment at a large Dutch school for intermediate vocational education to examine whether the response … of teachers to student feedback depends on the content of the feedback. Students evaluated all teachers, but only a …
Persistent link: https://www.econbiz.de/10012836929
Reflection Test. In pre-registered laboratory experiments with 1,236 college students in Nairobi, we implement three incentive …
Persistent link: https://www.econbiz.de/10012838245
that tracking can have positive effects on student learning, inaccurate placement has consequences: students face … experiment across seven colleges to evaluate the algorithm’s effects on students. Placement rates into college-level courses … track students. However, there are concerns that the most frequently used college placement exams lack validity and …
Persistent link: https://www.econbiz.de/10013221176
We report results from a large-scale, pre-registered randomized field experiment in 159 Norwegian schools over four … years. The intervention includes students aged 7-9 and consists of pulling students from their regular mathematics classes … school year. All students, not only struggling students, are pulled out. We find that students in treatment schools increased …
Persistent link: https://www.econbiz.de/10013312078
due to the Covid-pandemic. Treated students met in small groups, in alternating weeks with and without a more senior … student tutor. The treatment improved study behavior and increased contact to other students. Tutored students achieved around …
Persistent link: https://www.econbiz.de/10013306036
We demonstrate that heat inhibits learning and that school air-conditioning mitigates this effect. Student fixed … heat being particularly damaging. Weekend and summer heat has little impact, suggesting heat directly disrupts learning … simple benefit-cost tests. Without air-conditioning, a 1°F hotter school year reduces that years learning by one percent. Hot …
Persistent link: https://www.econbiz.de/10012892281
The adaptive learning approach has been fruitfully employed to model the formation of aggregate expectations at the … macroeconomic level, as an alternative to rational expectations. This paper uses adaptive learning to understand, instead, the … sentiment, defined as the degrees of excess optimism and pessimism that cannot be justified by the near-rational learning model …
Persistent link: https://www.econbiz.de/10012831652
What are the effects of beliefs, sentiment, and uncertainty, over the business cycle? To answer this question, we develop a behavioral New Keynesian macroeconomic model, in which we relax the assumption of rational expectations. Agents are, instead, boundedly rational: they have a...
Persistent link: https://www.econbiz.de/10013315209