We report two information cascade game experiments that directly test the impact of altruism on observational learning … opportunities to learn about the strategies played by observed which amplifies the impact of altruism on observational learning …

The paper investigates social-learning when the information structure is not commonly known. Individuals repeatedly … interact in social-learning settings with distinct information structures. In each round of interaction, they use their … behavior in the long-run if and only if individuals distinguish social-learning settings and receive rich feedback after each …

We derive the optimal monetary policy in a sticky price model when private agents follow adaptive learning. We show … order to facilitate private sector learning and thus ease the future intratemporal inflation-output gap trade-offs. The … policy recommendation is robust: the welfare loss entailed by the optimal policy under learning if the private sector …

learning, and even idiosyncratic variation. Our paper cautions that the slider task will be underpowered for uncovering a …

This article investigates the macro-level drivers of adult-age language learning. We construct a new dataset that … covers German language learning in 77 countries (including Germany) for 1992-2006. Fixed-effects regressions show that … language learning in the EU is strongly associated with immigration. Instead, immigration by non-EU citizens in associated with …

optimal level. This interplay between learning and surplus extraction is crucial to the market outcome and its dynamics …