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but also partial learning. Second, we test whether the conclusion also holds if there is uncertainty about abatement costs …Na and Shin (1998) showed that the veil of uncertainty can be conducive to the success of self-enforcing international … environmental agreements. Later papers confirmed this negative conclusion about the role of learning. In the light of intensified …
Persistent link: https://www.econbiz.de/10010272496
Na and Shin (1998) showed that the veil of uncertainty can be conducive to the success of self-enforcing international … uncertainty about the environmental impact of emissions and the cost of reducing them, the result is intriguing. The purpose of … the number of players and which considers not only no and full learning but also partial learning, that is, three …
Persistent link: https://www.econbiz.de/10008764099
but also partial learning. Second, we test whether the conclusion also holds if there is uncertainty about abatement costs …Na and Shin (1998) showed that the veil of uncertainty can be conducive to the success of self-enforcing international … environmental agreements. Later papers confirmed this negative conclusion about the role of learning. In the light of intensified …
Persistent link: https://www.econbiz.de/10008465547
good character of many of these economic problems, encouraging free-riding. Another reason one might suspect is uncertainty …. Paradoxically, some recent papers have concluded just the opposite: the “veil of uncertainty” can be conducive to the success of … conditions where learning has a negative effect on the success of cooperation which removes this effect or even turns it into a …
Persistent link: https://www.econbiz.de/10011056195
but also partial learning. Second, we test whether the conclusion also holds if there is uncertainty about abatement costs …Na and Shin (1998) showed that the veil of uncertainty can be conducive to the success of self-enforcing international … environmental agreements. Later papers confirmed this negative conclusion about the role of learning. In the light of intensified …
Persistent link: https://www.econbiz.de/10014193177
but also partial learning. Second, we test whether the conclusion also holds if there is uncertainty about abatement costs … ; Self-enforcing International Environmental Agreements ; Uncertainty ; Learning …Na and Shin (1998) showed that the veil of uncertainty can be conducive to the success of self-enforcing international …
Persistent link: https://www.econbiz.de/10008732219
but also partial learning. Second, we test whether the conclusion also holds if there is uncertainty about abatement costs … ; self-enforcing international environmental agreements ; uncertainty ; learning …Na and Shin (1998) showed that the veil of uncertainty can be conducive to the success of self-enforcing international …
Persistent link: https://www.econbiz.de/10003941040
We study investment and consumption decisions in a dynamic game under learning. To that end, we present a model in … assumption of adaptive learning) is generally intractable, we characterize the unique symmetric Bayesian-learning recursive … limits of the equilibrium outcomes for a finite horizon exist. The addition of learning to a stochastic environment is shown …
Persistent link: https://www.econbiz.de/10010661508
, with either a negative externality on a third participant, uncertainty about gains from cooperation, or both. Uncertainty … foster cooperation. If we combine both qualifications and do not control for beliefs, we only find an uncertainty effect. If …
Persistent link: https://www.econbiz.de/10010281843
, with either a negative externality on a third participant, uncertainty about gains from cooperation, or both. Uncertainty … foster cooperation. If we combine both qualifications and do not control for beliefs, we only find an uncertainty effect. If … expected. -- Oligopoly ; Collusion ; experiment ; Uncertainty ; negative externalities ; prisoner's dilemma …
Persistent link: https://www.econbiz.de/10008822475