Showing 1 - 10 of 64
How do people learn? We assess, in a distribution-free manner, subjects' learning and choice rules in dynamic two …-armed bandit (probabilistic reversal learning) experiments. To aid in identification and estimation, we use auxiliary measures of … subjects' beliefs, in the form of their eye-movements during the experiment. Our estimated choice probabilities and learning …
Persistent link: https://www.econbiz.de/10010277527
Persistent link: https://www.econbiz.de/10013342551
menu by experiencing an overall increase in sales. We cannot reject the hypothesis that sales are the same before and after … their sales from supplying a healthy labeled meal. …
Persistent link: https://www.econbiz.de/10013208626
. Cohort analysis is applied to investigate survival, sales, inputs, and value added of start-up firms. Most drop-outs occur in … in an approximate proportion of 3:1. With respect to the indirect effects of new firms, we find that one Euro of sales … manufacturing industry generating highest sales and relying on most inputs in the early periods. …
Persistent link: https://www.econbiz.de/10010369574
success in the market of these companies, with the success measured in terms of sales revenues. The results of the study … indicate that companies who aggressively patent are the most successful companies in terms of sales revenues and vice versa. A … correlation analysis proves that the relation is strongest for a time lag between annual patent applications and subsequent sales …
Persistent link: https://www.econbiz.de/10010308095
We present a field study of social learning. The setting is a pair of adjacent fast food restaurants serving very … is found, consistent with the social learning hypothesis, that relative queue length has a significant effect at the …
Persistent link: https://www.econbiz.de/10010335965
To study effects of out-of-school learning we use data on boarding home pupils who attended elementary public schools … empirical analysis based on register data. We find that the more learning friendly environment equalize skills at school leaving …
Persistent link: https://www.econbiz.de/10010273957
In the context of the low levels of regional cooperation among South Asian countries when compared with the successful results from cooperation in East Asia (consisting of South East and East Asian countries), the objective of this paper is first to assess the prospects of cooperation among...
Persistent link: https://www.econbiz.de/10011807608
technologies display learning effects and agents' rate of learning is private knowledge. In a simple two-period model with full … commitment available to the principal, we show that whether learning effects are over- or under-exploited crucially depends on … whether learning effects increase or decrease the principal's uncertainty about agents' costs of production. Hence, what …
Persistent link: https://www.econbiz.de/10010315554
We study the problem of learning the probability distribution of a multinomial variable from an observed sequence of … general necessary condition for learning under prior ignorance. We concentrate then on the important case of multinomial … signals and derive necessary and sufficient conditions for learning under prior ignorance, extending thus the imprecise …
Persistent link: https://www.econbiz.de/10005858355