context, the idea of continuing learning as investment is developed, tacit and explicit knowledge are differentiated and a … continuing learning process for management team and the stages of continuing learning. Finally, a model of appraising investments …

different cognitive abilities learn differently, we estimate a structural model of learning based on level-k reasoning. We find …

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 …