Showing 1 - 10 of 2,831
of Player 2. We say that beliefs exhibit higher-order learning if the beliefs of Player k about the beliefs of Player k-1 …, higher-order learning fails even after a large number of signals is observed. We argue that this result is driven by base …-rate neglect, heterogeneity in updating processes, and subjects' failure to correctly take learning rules of others into account …
Persistent link: https://www.econbiz.de/10013219936
We present an experiment for the study of learning in a complex task which requires both memorisation and the ability …
Persistent link: https://www.econbiz.de/10014223185
-maker. We derive the researcher's equilibrium learning strategy by solving an auxiliary single-player problem. The attribute … excessive response to new information, she forgoes learning altogether. In an organizational context, we show that a manager …
Persistent link: https://www.econbiz.de/10015191554
The paper analyzes a dynamic model of rational strategic learning in a network. It complements existing literature by … links. This means that in the design of networks there exists a trade-off between the speed of learning and accuracy. …
Persistent link: https://www.econbiz.de/10010441988
We study learning by privately informed forward-looking agents in a simple repeated-action setting of social learning …
Persistent link: https://www.econbiz.de/10014263855
? We model dynamic hiring and employer learning via a general Poisson multi-armed bandit framework. Breakdown environments …
Persistent link: https://www.econbiz.de/10013168156
The paper analyzes a dynamic model of rational strategic learning in a network. It complements existing literature by … that in the design of networks there exists a trade-off between the speed of learning and accuracy. For an incomplete …
Persistent link: https://www.econbiz.de/10014131724
, simple payoff-based learning rules eventually lead to equilibrium. Such rules have previously been documented for some forms … laboratory setting and finds strong confirmation for key features of payoff-based learning that distinguish it from classical …
Persistent link: https://www.econbiz.de/10013014874
Persistent link: https://www.econbiz.de/10011899776
Most learning in the workplace occurs outside of formal learning environments—it happens informally, “in the field.” In … this review, we share what is known about how such informal field-based learning (IFBL) works, offer guidance on how to … promote healthy IFBL, and identify future research needs. We first situate IFBL within the broader stream of the learning …
Persistent link: https://www.econbiz.de/10014085735