Showing 1 - 10 of 2,354
In standard models of rational learning from experience, prior uncertainties and disagreements recede smoothly as …, uncertainties will surge and core disagreements widen. In general, rational learning tends to bifurcate into calm and turbulent …
Persistent link: https://www.econbiz.de/10013215320
statistical structure in this scientific learning problem, techniques of model selection and meta-analysis are not directly useful … accuracy and general applicability. I establish necessary and sufficient conditions for the consistency of the learning …
Persistent link: https://www.econbiz.de/10014211568
research has not examined whether individual differences in insular sensitivity predict learning to avoid aversive stimuli. In … that in addition to correlating with self-reported anxiety, heightened insular sensitivity may promote learning to avoid …
Persistent link: https://www.econbiz.de/10014191063
We propose a model of learning when experimentation is possible, but unawareness and ambiguity matter. In this model …
Persistent link: https://www.econbiz.de/10012928769
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...
Persistent link: https://www.econbiz.de/10012847347
We analyze a dynamic principal-agent problem with moral hazard and private learning. Each period the agent faces a …
Persistent link: https://www.econbiz.de/10014135182
collective learning. The present paper provides a summary of this research. …
Persistent link: https://www.econbiz.de/10014025688
rigid response to learning new information in the huge unexpected changes. Specifically, before the exogenous shock, overall …
Persistent link: https://www.econbiz.de/10013298188
Persistent link: https://www.econbiz.de/10014633171
growth, learning, and survival using monthly sales histories from 305 Texas bars. We find that heterogeneity in firms' pre … remainder. We find no evidence of entrepreneurial learning. Variation of the firms' fixed costs consistent with an annual lease …
Persistent link: https://www.econbiz.de/10010325197