combining the learning aspect of experience goods with reference-dependent preferences, we setup a field experiment in Northern … Uganda in which three health products differing in their scope for learning were initially offered either for free or for … sale at market prices. In line with prior studies, when the product has potential for positive learning, we do not find an …

agents to coordinate on it through this learning scheme in the absence of substantive rationality and perfect information …We analyse the dynamics resulting from social learning in a simple general equilibrium (GE) model, whose structure is … social learning. We discuss the robustness of the symmetric optimal equilibrium of this GE model, by testing the ability of …

that the degree of imperfect information has important consequences for the interpretation of transmission parameters to …

on a model combining the learning aspect of experience goods with reference-dependent preferences, we set up a field … experiment in Northern Uganda in which three health products differing in their scope for learning were initially offered either … for free or for sale at market prices. In line with prior studies, when the product has potential for positive learning …

constrast is made between belief-based and reinforcement/familiarity-based learning. In the latter case, consumers can be locked …This paper applies recent advances in the theory of learning to the analysis of consumer behaviour in a dynamic duopoly …. Nash equilibrium play is characterised when consumers learn adaptively about the relative quality of the two products. A …

Distortions in memory impose important bounds on rationality but have been largely disregarded in economics. While it … that the more one tries to forget a piece of information the more vivid it stays in memory, leading to a paradoxical …

Distortions in memory impose important bounds on rationality but have been largely disregarded in economics. While it … that the more one tries to forget a piece of information the more vivid it stays in memory, leading to a paradoxical …

Distortions in memory impose important bounds on rationality but have been largely disregarded in economics. While it … that the more one tries to forget a piece of information the more vivid it stays in memory, leading to a paradoxical …

This article relates agents' learning of a preference for a technology, competition of technologies, and their relative …–Volterra model. To also incorporate preference learning on the part of potential adopters of these technologies, we combine it with a … model of cultural learning based on role model, conformist, and hedonistic learning. Our theoretical analysis is illustrated …