Do agents believe to be agreeing more with others in the long-run? This paper designs an experiment to study how … disagreement regardless of cognitive ability. Learning about the state of the world has little effect on the evolution of perceived …

We examine the effectiveness of different learning modes in a process management context. We argue that many … organizations will undergo a transformation from a function to a process orientation and that learning matters in this context, as a … fundamental change in thinking is required. Using a questionnaire experiment with a sample of 147 participants, we found a …

infinite-horizon learning, and subjective expectations with Euler-equation learning. Under rational expectations, the model … necessitates of large, possibly unrealistically so, degrees of myopia. The same result persists under infinite-horizon learning …, given that agents are still remarkably far-sighted. But, under Euler-equation learning, the model can fit the data with only …