investors’ portfolio performance. In addition, we find that learning behavior varies across investors, which corroborates the …

In this paper we experimentally investigate decentralized, organizational learning. The main objective is to understand … how learning members of an organization cope with the confounding effects of the simultaneous learning of others. We use … versions of a simple "success-or-failure" game due to Blume and Franco [2003] as our stylized model of organizational learning …

private agents' learning process, determines the speed at which the economy converges to the rational expectation equilibrium … convergence. I assess the relevance of the transition period from the learning to the rational expectations equilibrium when …

account of structural aspects implied by the learning process. In the most general specification, earnings residuals have a … structures, including the martingale hypothesis implied by the learning process. I find considerable support for the matching …

theory of learning and job design, and empirically test this theory using a unique firm-level data set. Our model departs … from the existing literature on learning and sorting by recognizing that the information content of jobs may differ and …

innovations and the choice of policy affect the speed at which learning is achieved. We show that it is possible for a non …