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We document five effects of providing individuals with crowdsourced spending information about their peers (individuals with similar characteristics) through a FinTech app. First, users who spend more than their peers reduce their spending significantly, whereas users who spend less keep...
Persistent link: https://www.econbiz.de/10011982228
We study learning in perfect competition. A price-taking firm sells a good whose quality is unknown to some buyers. The … uninformed buyers use the price to infer information about quality. The presence of noise on the supply prevents perfect learning … learning process of the uninformed buyers …
Persistent link: https://www.econbiz.de/10013032366
endogenous welfare relevant learning is feasible, the economy cannot be perfectly competitive unless identical learning choices … preclude heterogeneous welfare relevant learning decisions. …
Persistent link: https://www.econbiz.de/10012520083
creating the attention-shift. Double Machine Learning approach is then used to obtain statistical inferences of these empirical …
Persistent link: https://www.econbiz.de/10013250843
-scale retailers in Uganda. The treatments contrast "active learning" with "traditional lecturing" within standardized lesson-plans. We … find that active learning has a positive and economically meaningful impact on savings and investment outcomes, in contrast …. Tentative evidence suggests that only active learning stimulates several cognitive and non-cognitive mechanisms; moreover, a …
Persistent link: https://www.econbiz.de/10011975912
-scale retailers in Western Uganda. The treatments contrast "active learning" with "traditional lecturing" within standardized lesson …-plans. We find that active learning has a positive and economically meaningful impact on savings and investment outcomes, in … active learning intervention seems to be superior as it works via three cognitive and non-cognitive mechanisms, i …
Persistent link: https://www.econbiz.de/10011880438
Ambiguity and learning about the equity premium can simultaneously explain the low fraction of financial wealth …
Persistent link: https://www.econbiz.de/10013008689
This extended book review of Creating a Learning Society by Joseph Stiglitz and Bruce Greenwald (2014) looks at the 700 … "learning by doing", the authors throw away the doctrines of free trade, liberalization of capital, as well as the …-wide learning. In the opinion of the present author, Stiglitz and his co-author are using the term "learning" in such a broad sense …
Persistent link: https://www.econbiz.de/10011757523
Persistent link: https://www.econbiz.de/10013348759
Traditional postsecondary learning in the United States is associated with increased earnings and employment, but these …
Persistent link: https://www.econbiz.de/10012870741