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We use a dynamic model to study the effects of technology and learning on the long run economic growth rates of a leading and a lagging region. New technologies are developed in the leading region but technological improvements in the lagging region are the result of learning from the leading...
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We estimate the impact of ultra-fast broadband on schools' academic performance using a difference-in-difference study of a new fibre broadband network. We show that fibre broadband increases primary schools' passing rates in standardised assessments by roughly one percentage point. Estimates...
Persistent link: https://www.econbiz.de/10012959399
We examine how three different communication processes operating through social networks are affected by homophily - the tendency of individuals to associate with others similar to themselves. Homophily has no effect if messages are broadcast or sent via shortest paths; only connection density...
Persistent link: https://www.econbiz.de/10010279447
In this paper we investigate how cognitive ability and character skills influence behavior, success and the evolution of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment and find striking differences according to cognitive...
Persistent link: https://www.econbiz.de/10010364492
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We establish convergence of beliefs and actions in a class of one-dimensional learning settings in which the agent …
Persistent link: https://www.econbiz.de/10012415583
Persistent link: https://www.econbiz.de/10012111530
In this paper we investigate how cognitive ability influences behavior, success and the evolution of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment and find striking differences according to cognitive ability: more cognitively...
Persistent link: https://www.econbiz.de/10011259076
Persistent link: https://www.econbiz.de/10014326625