This paper extends the literature on learning in labor markets by parameterizing the amount of learning that transfers … across jobs. Previous models have assumed that learning is either job specific as in Jovanovic (1979) or perfectly … transferable across jobs as in Gibbons et al. (2005). By allowing some but not all learning to be transferred, this model generates …

investments into flexible global infrastructures. Findings reveal critical contingencies of capability development and learning in …

professional practice through individual experience and a prosopographic lens provides an insight into learning outside of formal … exploring the concept of environmental responsibility1 with reference to learning within the UK construction industry. Examining … education. One of the challenges this paper poses is how we translate professional experience into strategies for education for …

A classic argument in economics is that experience in the market place will eliminate mistakes and cognitive biases …. Internet auctions are a popular market were some bidders gather extensive experience. In a unique data set from a Scandinavian …. However, the so-called pseudo-endowment effect does not disappear. Regardless of their experience, bidders will be inclined to …

We examine the effects of bidding experience on two groups of investors – individuals and institutions – in terms of … experience; and (4) greater experience is associated with more aggressive bid prices. These findings are consistent with naïve … reinforcement learning wherein individuals become unduly optimistic after receiving good returns. In sharp contrast, there is little …

description of the problem, people tend to be more risk averse. Personal experience with the problem reduces this sensitivity …

We study the role of experience in internet art auctions by analyzing repeated bidding by the same bidder in a unique … longitudinal field dataset. Our results show that experience significantly lowers the level of bids suggesting that bidders change … further test several possible explanations for the observed learning behavior and show that the change in bidding strategy is …

A large number of studies on both animals and humans have demonstrated that learning is influenced by context or … contextual cues on spider learning by training spiders to avoid milkweed bugs in one of two environments. When spiders were … importance of studying context-dependent learning. Copyright 2006. …