Personal experience matters. In a field setting with longitudinal data, we disentangle the effects of learning new … learning new information, significantly boosts future compliance. We also show that experience with a large fine boosts …

the prior distribution, and the learning model involves Bayesian updating of these Lagrange multipliers/prior. This …. These results show that regret is a natural means by which robust decision making and learning can be combined. <i …

(continuous-time) model of gradual learning, in which consumers incur search costs to learn further product information, and … of the product, heterogeneous importance of attributes, endogenous intensity of search, and social learning. <i …

learning curve (LC) provides1988 Department of Industrial Engineering and a means to observe and track that improvement. At … a theory. Our approach is based on learning cycles, that is, in each period management takes an action to improve the … differential equation that not only characterizes continuous improvement but also reveals how learning might occur in the learning …