' future payoffs through the learning process. We describe the model and we show that there exists a unique symmetric Bayesian …

We study learning in perfect competition. A price-taking firm sells a good whose quality is unknown to some buyers. The … uninformed buyers use the price to infer information about quality. The presence of noise on the supply prevents perfect learning … learning process of the uninformed buyers …

We introduce learning in a dynamic game of international pollution, with ecological uncertainty. We characterize and … ecological uncertainty but they gain information (learn) about it. We then compare our learning model with the benchmark model of … anticipative learning induces a decrease in total emissions, but not necessarily in individual emissions. Further, the effect of …

We study how learning affects an uninformed monopolist's supply and investment decisions under multiplicative … the random demand. Observing prices reveals this information slowly. We first show how to incorporate Bayesian learning … of learning on supply and investment decisions, as well as the steady state level of capital. Our findings are as follows …