initially but known once the product is consumed. We show that this uncertainty generates an information cost of exporting, over … heterogeneity, the level of information and the measure of available intermediaries. …

concerning the next period value of the control variable (consumption) are formed through adaptive learning. In such scenario … requirement regarding the quality of learning in the long run equilibrium is fulfilled. Therefore, stability of growth under … learning is dependentent on the efficiency with which expectations are generated. …

individual investors' investment return. Design/methodology/approach–By introducing the heterogeneous attention, the authors …

control treatments, receive information resulting from the previous period’s evaluations. There are three information … treatments: Participants receive information either about their own evaluation or about their partner’s evaluation or both …. Although participants condition their contributions on their partners’ evaluations, this information alone is insuf?cient to …

from marketing/sales purposes, the managers/entrepreneurs used phone for the gathering of information, for product delivery …