Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10008858431
Persistent link: https://www.econbiz.de/10009525328
Standard models of observational learning in settings of sequential choice have two key features. The first is that players make decisions by using Bayes' rule to update their beliefs about payoffs from a common prior. The second is that each agent's decision rule is common knowledge, so that...
Persistent link: https://www.econbiz.de/10013142009