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Climate skeptics argue that the possibility that global warming is exogenous implies that we should not take additional action towards reducing greenhouse gas emissions until we know more. However this paper shows that even climate skeptics have an incentive to reduce emissions: such a change of...
Persistent link: https://www.econbiz.de/10010326327
Support for economic reforms has often shown puzzling dynamics: there are many examples of reforms that started off successfully but nevertheless lost public support, and vice versa. We show that learning dynamics can rationalize this apparent paradox, the reason being that the process of...
Persistent link: https://www.econbiz.de/10010326523
Support for economic reforms has often shown puzzling dynamics: many reforms that began successfully lost public support. This paper shows that learning dynamics can rationalize this paradox because the process of revealing reform outcomes is an example of sampling without replacement. This...
Persistent link: https://www.econbiz.de/10011396254
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Support for economic reforms has often shown puzzling dynamics: many reforms that began successfully lost public support. This paper shows that learning dynamics can rationalize this paradox because the process of revealing reform outcomes is an example of sampling without replacement. This...
Persistent link: https://www.econbiz.de/10012972970
Persistent link: https://www.econbiz.de/10009738796
Persistent link: https://www.econbiz.de/10011575088
Support for economic reforms has often shown puzzling dynamics: many reforms that started off successfully, lost public support nevertheless. We show that learning dynamics can rationalize this paradox, the reason being that the process of revealing reform outcomes is an example of sampling...
Persistent link: https://www.econbiz.de/10014170341