-by-doing (LBD) and learning-by-observing (LBO) in a 2-player strategic game. Specifically, does LBD become more effective when …

precise sense of both words. Imitation conforms to a well-explicated process of learning by observing. I provide a precise … and the latter as one to absorptive/passive learning. One implication of this is that learning by doing and learning by … observing are complementary strategic activities, not substitutes--in most cases, we should expect firm strategies to seek …