we study voluntary contributions games.  We identify two robust features of the players' learning dynamics: search …Many interactive environments can be represented as games, but they are so large and complex that individual players … are in the dark about others' actions and the payoff structure.  This paper analyzes learning behavior in such 'black box …

' beliefs are subject to information friction and Bayesian learning. … high socioeconomic status (SES). We examine the effect of combining increased instruction time with information to teachers …

' beliefs are subject to information friction and Bayesian learning. … high socioeconomic status (SES). We examine the effect of combining increased instruction time with information to teachers …

This paper studies the impact of increased price information on the functioning of the housing market. We first study … the implications of new information for market outcomes in a theoretical framework so as to disentangle the potential … channels through which information may be important. The results suggest that increased information leads to higher prices. The …

congestion. Subjects receive feedback information on the actual travel times of both modes. We find that individuals exhibit a …

is augmented with a Bayesian learning process about the health marker transition technology to evaluate the importance of … personalized health information in the decision to smoke cigarettes. Additionally, the model is well positioned to assess how … and mortality. Finally, personalized health marker information is not found to significantly influence smoking behavior …

. We study behavior in a sequential contest, considering information about the effort level of subjects in other contests … (observation of peers) and information about the payoff-maximizing effort level (coaching) as treatment variables. Presentation of … decisions of second movers were positively influenced (in terms of payoffs) by coaching when this information was presented …