Optimal Term Length when Misinformation Increases with Experience.

Consider an agent who collects information over time, but who imperfectly recalls the date at which he made each observation. If the state of nature changes over time, then the agent's performance may worsen with experience.

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Year of publication:	2000
Authors:	Glazer, A.
Institutions:	California Irvine - School of Social Sciences
Subject:	INFORMATION

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Series:	California Irvine - School of Social Sciences.
Type of publication:	Book / Working Paper
Notes:	10 pages
Classification:	D82 - Asymmetric and Private Information
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005486840