Showing 1 - 10 of 153
Using data from a randomized experiment in rural China, this paper studies the influence of social networks on weather insurance adoption and the mechanisms through which social networks operate. To quantify network effects, the experiment offers intensive information sessions about the...
Persistent link: https://www.econbiz.de/10011258983
cues and redundancy). An analysis of learning studies reveals that the most effective form of feedback is information about …
Persistent link: https://www.econbiz.de/10005827439
In this paper, I present an empirical model of learning under ambiguity in the context of clinical trials. Patients are … concern with learning the treatment effect of the experimental drug, but face the ambiguity of random group assignment. A two … dimensional Bayesian model of learning is proposed to capture patients�beliefs on the treatment effect and group assignment. These …
Persistent link: https://www.econbiz.de/10005835432
Many people pay attention to media reports of the US stock market’s performance. Using a data-based thought experiment, we cast the market’s recent highs and lows in an unusually unattractive light. The result matters because the economic and political factors that make it relevant are...
Persistent link: https://www.econbiz.de/10005836479
In this paper we analyze a tax evasion game with taxpayer learning by imitation. If the authority commits to a fixed …
Persistent link: https://www.econbiz.de/10005837079
Joint ventures represent one of the most fascinating developments in international business. In the last few decades, the rate of joint venture formation has accelerated dramatically. Nowadays joint ventures are much more widespread and occur in industries like telecommunications, biotechnology...
Persistent link: https://www.econbiz.de/10005837169
We propose a novel generalized recursive smooth ambiguity model which allows a three-way separation among risk aversion, ambiguity aversion, and intertemporal substitution. We apply this utility to a consumption-based asset pricing model in which consumption and dividends follow hidden Markov...
Persistent link: https://www.econbiz.de/10005837291
CAI to their learning were more likely to be computer users and spend more time on task. The impact of CAI on student …
Persistent link: https://www.econbiz.de/10011212789
human classification learning (Shepard et al., 1961). This allows us to evaluate the efficacy of CBDT as an account of human … Theory) correctly predicts the empirically observed relative difficulty of problems and speed of learning in human data. (2 …
Persistent link: https://www.econbiz.de/10011258337
different cognitive abilities learn differently, we estimate a structural model of learning based on level-k reasoning. We find …
Persistent link: https://www.econbiz.de/10011259076