Narrow search
Showing 1 - 2 of 2
Cover Image
Learning in a Black Box
Nax, Heinrich H.; Burton-Chellew, Maxwell N.; West, … - HAL - 2013
are in the dark about what others are doing and how their own payo s are a ected. This paper analyzes learning behavior in … identify two key features of the players' learning dynamics. First, if a player's realized payoff increases he is less inclined …
Persistent link: https://www.econbiz.de/10010738969
Cover Image
How important is innovation? A Bayesian factor-augmented productivity model on panel data
Bresson, Georges; Etienne, Jean-Michel; Mohnen, Pierre - HAL - 2011
This paper proposes a Bayesian approach to estimate a factor augmented productivity equation. We exploit the panel dimension of our data and distinguish individual-specic and time-specic factors. On the basis of 14 technology and infrastructure indicators from 37 countries over a 10-year...
Persistent link: https://www.econbiz.de/10010899343