Showing 1 - 10 of 1,744
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 …
Persistent link: https://www.econbiz.de/10012995188
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 …
Persistent link: https://www.econbiz.de/10012996206
This paper provides the first in-depth study of the organization of knowledge in multinational firms. The paper develops a theoretical model that studies how firms optimally split knowledge between their headquarters and their production plants if communication costs impede the access of...
Persistent link: https://www.econbiz.de/10013020512
Rent-sharing between firm owners and workers is a robust empirical finding. If workers bargain with firms, information on the actual surplus is essential. When the firm can use profit shifting to create private information on the surplus, it can thereby reduce its wage bill. We study how rent...
Persistent link: https://www.econbiz.de/10013104179
learning, and even idiosyncratic variation. Our paper cautions that the slider task will be underpowered for uncovering a …
Persistent link: https://www.econbiz.de/10013021431
We describe a dynamic model of costly information sharing, where private information affecting collective-value actions is transmitted by social proximity. Individuals make voluntary contributions towards the provision of a pure public good, and information transmission about quality of...
Persistent link: https://www.econbiz.de/10013315678
We develop a model of firm learning in volatile markets with noisy signals and test its predictions using historical … improvements from learning are faster where market signals are noisier …
Persistent link: https://www.econbiz.de/10012964186
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 …
Persistent link: https://www.econbiz.de/10012952480
by the strength of a private learning channel from prices, arising from the multidimensional sources of asymmetric … information, in relation to the usual public learning channel. When the private learning channel is strong (weak) in relation to …
Persistent link: https://www.econbiz.de/10013316183
This paper provides novel evidence on exchange rate expectations of both chartists and fundamentalists separately. These groups indeed form expectations differently. Chartists change their expectations more often; however, all professionals' expectations vary considerably as they generally...
Persistent link: https://www.econbiz.de/10013083266