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The relevance and the impact of experience in insurance markets are underinvestigated. From Italian farm-level data we estimate a dynamic discrete choice model of participation to investigate the role of experience. The methodology, coupled with exploratory analysis, allows one to compare how...
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This paper presents an ontology of ubiquitous learning based on three dimensions of ubiquity: temporal, semiotic, and … spatial ubiquity, and two dimensions of learning: entities and technologies. A simple taxonomy is used to denote each … description of ubiquitous learning can be concatenated by combining a category from each dimension with suitable conjunctive words …
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We study the problem of learning shared structure across a sequence of dynamic pricing experiments for related products … unknown prior in Thompson sampling is negligible in experiment-rich environments with shared structure (large N). Numerical … experiments on synthetic and real auto loan data demonstrate that our algorithm significantly speeds up learning compared to prior …
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. This learning effectsuggests that referring courts expect large benefits from cooperation. We interpret ourempirical …
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the same learning styles. Thus we advocate for teachers who practise the theory supporting our profession that they can … become models worth being followed initially, but encouraging of further learning in the students beyond our presence or … influence.Learning to teach conveys, on the one hand, what the authors of this document consider should be the core of our work …
Persistent link: https://www.econbiz.de/10013249342
This paper proposes a theory of experimental learning in early-stage ventures. I develop a stylized formal model to … product. The analysis suggests that experimental learning is optimal only when signal precision is high, market uncertainty is …
Persistent link: https://www.econbiz.de/10013251163
on the risky activity. It can lead to three learning regimes, two of which can generate a development trap where firms … suggest the possibility of a learning-displacing resource curse. The model can simulate the respective decline and boom in the …
Persistent link: https://www.econbiz.de/10013255419