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(e.g., a vaccine) to incentivize agents to experiment with the product. Assuming that the agents are long-lived and … forward-looking, their incentive to wait and see other agents' experiences poses a significant obstacle to social learning. We …
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This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual … a priori information. The econometrics hinges on a model built upon Experience Weighted Attraction learning, and the … simultaneous analysis of data on the information gathered and on actions taken by the subjects. Results suggest that learning is a …
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