Klappentext: Wann und wie lernen und verändern sich gesellschaftliche Akteure in Richtung einer nachhaltigen Entwicklung? Welche Bedingungen sind hierfür erforderlich und welche hinderlich? Welche Rolle können Unternehmen und Konsument/innen dabei übernehmen? Diesen Fragen geht das Buch...

A product recall is an observable external quality failure and a source of significant potential loss to firms as well as a threat to public safety. While such failures can be a motivation for organizational learning, little is known about the extent to which recalls can be a source of learning...

Predictability is a hallmark of poor-quality decision-making during competition. One source of predictability is the strong association between current outcome and future action, as dictated by the reinforcement learning principles of win-stay and lose-shift. We tested the idea that...

When different stages of the evaluation of a multi-attribute project rest with conflicting economic actors, which attributes are selectively explored and why? We provide a model of attribute sampling in which correlation across attributes is flexibly modeled through Gaussian processes. In the...

We propose a general equilibrium model of industry where consumers learn about firms' unobserved product quality over time. Because consumers learn through purchase decisions, price setting is a crucial lever through which firms manipulate future demand. We map equilibrium policies to a range of...