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The related phenomena of learning curve and network effects are quite common in oligopolistic markets. In this context … partners will be intensied. It is shown that tha alliance solution will be chosen for medium values of learning curve or …
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rationality behaviour by people. Quite recent developments in the Economics of Knowledge, i.e. the so-called learning models, have …
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We present an experiment for the study of learning in a complex task which requires both memorisation and the ability … the end of the experiment) the subjects start refining them to include a larger subset of the information, this causes …
Persistent link: https://www.econbiz.de/10014223185
The paper discusses a laboratory experiment in which pairs of trustors play finitely repeated Trust Games with the same … trustee. We study trustfulness of the trustors as well as trustworthiness of the trustee. We distinguish between learning and … control effects on trustfulness and trustworthiness. Learning effects are related to an actor’s information on past behavior …
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We study learning by privately informed forward-looking agents in a simple repeated-action setting of social learning …
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