enforcement learning on optimal stationary compliance rules. In particular, we show that the optimal stationary fine could be less …We incorporate the process of enforcement learning by assuming that the agency's current marginal cost is a decreasing …

speeding ticket. Contrary to predictions of a traditional Becker model, individuals do not bunch below the fine hike. Instead … illustrate this, I construct a Becker model with misperception and learning that can explain all the empirical findings. …

speeding ticket. Contrary to predictions of a traditional Becker model, individuals do not bunch below the fine hike. Instead … illustrate this, I construct a Becker model with misperception and learning that can explain all the empirical findings. …

This chapter provides a survey of the recent work on learning in the context of macroeconomics. Learning has several … roles. First, it provides a boundedly rational model of how rational expectations can be achieved. Secondly, learning acts … as a selection device in models with multiple REE (rational expectations equilibria). Third, the learning dynamics …

understand better how subjects with different cognitive abilities learn differently, we estimate a structural model of learning … ability to that of character skills, and find that both cognition and personality affect behavior and learning. More agreeable …