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Following Fehr and Gäechter (Am Econ Rev 90(4):980–994, <CitationRef CitationID="CR5">2000</CitationRef>), a large and growing number of experiments show that public goods can be provided at high levels when mutual monitoring and costly punishment are allowed. Nearly all experiments, however, study monitoring and punishment in a...</citationref>
Persistent link: https://www.econbiz.de/10010994703
Social learning is the process of individuals learning by observing the actions of others. In the real world, however, although people learn by observing the actions of others, they also learn from advice. This paper introduces advice giving into a standard social-learning problem. The...
Persistent link: https://www.econbiz.de/10005770975
Recent experiments show that public goods can be provided at high levels when mutual monitoring and costly punishment are allowed. All these experiments, however, study monitoring and punishment in a setting where all agents can monitor and punish each other (i.e., in a complete network). The...
Persistent link: https://www.econbiz.de/10013136030
Recent experiments show that public goods can be provided at high levels when mutual monitoring and costly punishment are allowed. All these experiments, however, study monitoring and punishment in a setting where all agents can monitor and punish each other (i.e., in a complete network). The...
Persistent link: https://www.econbiz.de/10009300129
Persistent link: https://www.econbiz.de/10009634559
Persistent link: https://www.econbiz.de/10008701443
Social learning is the process of individuals learning by observing the actions of others. One odd aspect of the literature on social learning though is that, ironically, learning is not very social because in the real world, although people learn by observing the actions of others, they also...
Persistent link: https://www.econbiz.de/10013067248
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Individuals living in society are bound together by a social network and, in many social and economic situations, individuals learn by observing the behavior of others in their local environment. This process is called social learning. Learning in incomplete networks, where different individuals...
Persistent link: https://www.econbiz.de/10010994705