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In sender-receiver games high-quality types can distinguish themselves from low-quality types by sending a costly signal. Allowing for additional, noisy information on sender types can radically alter sender behavior in such games. We examine equilibria where medium types separate themselves...
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We consider an economic system composed of interacting potential adopters of a technology. We build a model of interindividual influence effects in which part of the links can be negative, in a context of bounded rational choice. The article shows how the sole relationships topology on a network...
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We present a model of social learning in an environment with common values where informational cascades and herding …
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This paper systematically analyzes and enriches the observational learning paradigm of Banerjee (1992) and Bikhchandani …
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Knowledge management ca be seen as the pragmatic evolution of ideas in the field of organizational learning. Its main …
Persistent link: https://www.econbiz.de/10005779575
In a game with rational expectations individuals refine their information with the information revealed by strategies of other individuals: the elementary acts of other individuals at each state fo the world. At a Nash game with rational expectations, the information of individuals is...
Persistent link: https://www.econbiz.de/10005634162
The purpose of this article is to link the 'organizational learning perspective' and the 'resource-based view' to show … advantage. From the organizational learning perspective, knowledge is seen as the product of a learning process which ensures …
Persistent link: https://www.econbiz.de/10005634279