. Learning played a major role in individuals achieving what was referred to as complete rationality. I draw on these ideas, and …

case (less weight on EU) may lead to increased first period emissions. The effect of learning possibilities on emissions is …, considering prospective learning increases today?s abatement effort, i.e. the ?irreversibility effect? holds, if the weight on EU … MaxiMin. There is, however, the possibility of a negative value of learning. It is shown that the irreversibility effect holds …

however, behavior becomes at odds with both subgame perfection and fairness. Evidence of learning is detected for both … proposers and receivers in the estimation of a structural reinforcement learning model. The estimation results suggest that …

innovation is that we also have direct data on the sources of learning (in this case about new technologies). Controlling for … they learnt from buyers (relative to learning from other sources). Second, firms who had learned from buyers (more than … for the learning-by-exporting hypothesis, though is not clear whether firms deserve an exporting subsidy. …

transaction attributes, and (ii) the impact of learning on transaction costs (via standardization of contract provisions). Drawing … standardization occurs in ‘learning arrangements’ at the industry level or at the firm level. …