consumer learning and inertia through a simple yet flexible structural model of demand. For simplicity, I limit the consumer … learning and inertia processes to only be affected by actual purchases. As a practical example, I estimate this model using … optimal prices in scenarios with different parameters for consumer learning or inertia. These counterfactuals reveal that, for …

social-learning model by introducing strategic dynamic pricing. We provide necessary and sufficient conditions for asymptotic … learning. In contrast to previous results, we show that asymptotic learning can occur when signals are bounded, namely, happens …

agent to induce its desired joint learning and pricing behavior. We analyze two versions of this problem: a base model where …