The article discusses the diversity and equity issues behind the learning outcomes of mathematics in the pre …

and they cannot observe other agents' actions or payoffs. Theory shows that even when players have no such information …, 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 …

data when the agent's beliefs about the model are updated through linear learning algorithms. We find that learning in this … recursive least squares learning, long memory arises when the coefficient on expectations is sufficiently large. Under … discounted least squares learning, long memory provides a very good approximation to the low-frequency variability of the data …

In state-space models, parameter learning is practically difficult and is still an open issue. This paper proposes an … efficient simulation-based parameter learning method. First, the approach breaks up the interdependence of the hidden states and …

What is Learning Economy and Knowledge-based Economy? …

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 …

This paper studies bank learning through repeated interactions with borrowers from a new perspective. To understand … learning by lending, we adapt a methodology from labor economics to analyze how loan contract terms evolve as banks acquire new … controlling for possible omitted variable bias. Our methodology provides strong evidence that: (a) bank learning affects loan …