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rationality behaviour by people. Quite recent developments in the Economics of Knowledge, i.e. the so-called learning models, have …
Persistent link: https://www.econbiz.de/10011502970
We present an experiment for the study of learning in a complex task which requires both memorisation and the ability …
Persistent link: https://www.econbiz.de/10014223185
, simple payoff-based learning rules eventually lead to equilibrium. Such rules have previously been documented for some forms … laboratory setting and finds strong confirmation for key features of payoff-based learning that distinguish it from classical …
Persistent link: https://www.econbiz.de/10013014874
In standard models of rational learning from experience, prior uncertainties and disagreements recede smoothly as …, uncertainties will surge and core disagreements widen. In general, rational learning tends to bifurcate into calm and turbulent …
Persistent link: https://www.econbiz.de/10013215320
Persistent link: https://www.econbiz.de/10011417526
psychology of learning, and work from social scientists on learning. The paper makes the following claim: typically the law … reaches its addressees indirectly. The law is not followed, it is learned. There are two distinct learning objects. Throughout … take the form of schema-like social mirror rules, or of exemplars. Learning also is the key to understanding how …
Persistent link: https://www.econbiz.de/10014071940
organizational value in highly uncertain situations, such as those involving creativity, entrepreneurship, learning, and innovation … performance measurement systems function in a highly uncertain emergent learning situation in which subordinates are relied on to … subordinate self-control situation designed to simulate bottom-up emergent learning. The results provide strong support for one …
Persistent link: https://www.econbiz.de/10013077514
For many years psychological studies of the learning process have used a simulated medical diagnosis task in which … models. Using 123 subjects each in 480 trials, we compare five existing learning models plus several variants, including the …
Persistent link: https://www.econbiz.de/10014216348
The article presents certain ways of understanding a learning organization and its characteristic features. It also … contains the results of a study of twenty–seven Polish enterprises facilitating diagnosis of their learning ability. It has … been shown that learning ability is connected with the performance of the enterprise. The study results make possible the …
Persistent link: https://www.econbiz.de/10014119347
We analyze households' responses to an unanticipated change in consumption opportunities and evaluate their implications for the nature and formation of preferences. We study the tariff experiment conducted by South Central Bell where local telephone tariffs were introduced for the first time in...
Persistent link: https://www.econbiz.de/10014107895