distinguish between these two shocks and, under incomplete learning, private perceptions of the inflation target will not equal …

learning from experience that also allows for heterogeneity in both private information and updating. Our model vastly …

feature of the model is that learning operates in both the demand for assets and the supply of credit. Interactions between … propagation. In contrast, the paper shows why learning involving only one side on the market, which has been the focus of most of …

learning and policy recommendation in advisory committees. We quantify the effectiveness of advisory panels, and evaluate …

While the role of organizational learning in improving firms’ performance is well documented, there are still questions … surrounding the dominant forces driving technological learning. This is particularly true in the electricity industry where the … growth of renewable technologies has been pervasive. On the one hand, vicarious learning contributes to the adoption of …