Allen, Todd W. (contributor); Carroll, Chris (contributor) - 2001 - [Elektronische Ressource]
, which is
how to model the consumer’s learning process. Many models of learning in the economics
literature have had a … individual’s choices converge on the
θ which the learning process has concluded yields the highest true value.
11
Our approach to …-
ualsencounter each other and communicate the results oftheir own experience toothers.
17
Even ifthe social learning process isless …