and irrationalities. These are: sticky goods prices, believing in a wrong model, heterogenous expectations and learning …

-displacement literature. After constructing a dynamic model of two-sided learning between a firm and its workers, we estimate it using … use also generates information on the value of learning and on whether and how the characteristics of workers who remain …'s value from learning about its workers' behavior and to infer the extent of biases in estimating losses from displacement …

particular, I study whether the possibibility of future learning should lead to an increased abatement effort or not. Standard …