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This paper explores the opportunities for integrating Initiative Based Learning (IBL) and Integrated Assessment Models … (IAMs) in order to improve our understanding of learning in the context of societal transition pathways, and more … learning in a very different way, and the two approaches have major structural differences with respect to the geographical as …
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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 …
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