We study a sequential-learning model featuring a network of naive agents with Gaussian information structures. Agents … disproportionately influential early agents who can cause herding on incorrect actions. Going beyond existing social-learning results, we …

. If signaling reveals information about its cost which can be used in future trades, how does learning affect signaling … incentives and the informativeness of signals for buyers? Learning can reduce the value of signaling by introducing noisiness in … properties of equilibria in which intermediate seller's types experiment with signaling. These experimental signaling equilibria …

We study learning by privately informed forward-looking agents in a simple repeated-action setting of social learning …

? We model dynamic hiring and employer learning via a general Poisson multi-armed bandit framework. Breakdown environments …

depends on a fixed unknown state of nature. Each short-run player inherits the beliefs of his immediate predecessor in …

This paper proposes a model of learning about a game. Players initially have little knowledge about the game. Through …. Results of computer simulations show (1) when all the players are slow in learning the game, they have only a partial … the players is quick in learning the game, he obtains a higher payoff than the others. However, all of them can receive …

This paper presents a model of learning about a game. Players initially have little knowledge about the game. Through … computer simulations show that (1) when all the players are slow at learning the game, they have only a partial understanding … is quick in learning the game, that player obtains a higher payoff than the others. However, all can receive lower …

We introduce learning in a dynamic game of international pollution, with ecological uncertainty. We characterize and … ecological uncertainty but they gain information (learn) about it. We then compare our learning model with the benchmark model of … anticipative learning induces a decrease in total emissions, but not necessarily in individual emissions. Further, the effect of …