With complete information, choice of one option over another conveys preference. Yet when search is incomplete, this is …

I provide axiomatic foundations for a model of taste uncertainty with endogenous learning through consumption. In this … identify the state space and the learning process. In this model, the agent is viewed as if he learns the utility of an object … upon its consumption. This information is used to improve choice from the follow-on menu. This implies a trade-off between …

With complete information, choice of one option over another conveys preference. Yet when search is incomplete, this is …

What are the value and form of optimal persuasion when information can be generated only slowly? We study this question … in a dynamic model in which a `sender' provides public information over time subject to a graduality constraint, and a … sender's equilibrium value function and information provision. We show that the graduality constraint inhibits information …

A learning rule is uncoupled if a player does not condition his strategy on the opponent's payoffs. It is radically …, radically uncoupled learning rules whose period-by-period behavior comes arbitrarily close to Nash equilibrium behavior in any …

``information hubs'', which receive and distribute a large amount of information. Asymptotic learning therefore requires information … sufficient information by itself, making communication with others relatively unattractive. Asymptotic learning results either if …We develop a model of information exchange through communication and investigate its implications for information …

the agent. As information about quality accumulates, incentives become easier to provide because the agent has less room …