. We find that the firm encourages social learning for a greater range of beliefs and has greater expected revenue when it …

to the next period with the hope of learning the unknown quality. We analyze the monopolist's pricing and waiting …

to the next period with the hope of learning the unknown quality. We analyze the monopolist's pricing and "waiting …

to the next period with the hope of learning the unknown quality. We analyze the monopolist's pricing strategies when …

This paper shows how sustainable consumption patterns can spread within a population via processes of social learning … even though a strong individual learning bias may favor environmentally harmful products. We present a model depicting how … the biased transmission of different behaviors via individual and social learning influences agents' consumption behavior …

connection between Menger's 19th century theory of goods and 20th century learning theories is established. The problem of how to … get from individual learning processes to aggregate consumption patterns is approached by recollecting the genetic … underpinnings of human learning and its contingency on certain physical and social conditions. Taking into account that these …

combining the learning aspect of experience goods with reference-dependent preferences, we setup a field experiment in Northern … Uganda in which three health products differing in their scope for learning were initially offered either for free or for … sale at market prices. In line with prior studies, when the product has potential for positive learning, we do not find an …