-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 …

We study learning by privately informed forward-looking agents in a simple repeated-action setting of social learning …

Learning is crucial to organizational decision making but often needs to be delegated. We examine a dynamic delegation … the principal, privately learns the profitability over time and communicates to the principal. We formulate learning … delegation as a dynamic mechanism design problem and characterize the optimal delegation scheme. We show that private learning …

This paper experimentally investigates social learning in a two-agent prediction game with both exogenous and …. We find that more efficient observational learning leads to more accurate predictions in the endogenous treatments and … strength. Simultaneous decisions in endogenous ordering avoid observational learning and compensate the higher degree of …

by the strength of a private learning channel from prices, arising from the multidimensional sources of asymmetric … information, in relation to the usual public learning channel. When the private learning channel is strong (weak) in relation to …

firm must transfer a large part of the surplus to the inactive firm in order to limit pre-emption. Learning; Pre …

strategy relative to more traditional learning dynamics, and establish that, paradoxically, when sellers are strategic, the …

different learning models. The design is implemented in two-stage asymmetric-information games. Subjects' information …-seeking behavior reveals that they tend to choose certain information sets that are consistent with belief-based learning theories … rather than reinforcement theories. A hybrid-learning model with information acquisition that is a variant of the Generalized …