Cycle models. To our knowledge this thesis is the first attempt to formally introduce adaptive learning and expectation … various econometric adaptive learning tools: Auto ARIMA, VAR and AR(2) models. In all simulations, output and other economic … obtained in simulations with Auto ARIMA models, while the VAR learning tool leads to diverging fluctuations in the majority of …

This paper modifies a standard model of law enforcement to allow for learning by doing. We incorporate the process of … enforcement learning by assuming that the agency’s current marginal cost is a decreasing function of its past experience of … ability of future apprehension at a lower marginal cost. We focus on the impact of enforcement learning on optimal compliance …

news), whether learning performance is better or worse when people are actively investing in a security or passively … observing the security’s payoffs, and whether there are personal characteristics that correlate with learning performance. The …. Within individual, learning from gains versus losses, or during active versus passive involvement, are not perfectly …

We describe a candid model for learning, why and how learning transpires. We investigate the original as well as the … leading conditions of the learning process. We provide an insight into the realm of beliefs and their formation, their … the influence that learning in general has on human behavior. …

economic development. Knowledge-based economies are founded on increasing specialization, research, innovation and learning …

a refinement of subgame-perfection, known as renegotiation proofness, and the second is an aspiration-based learning …