Learning theory has not yet developed sufficiently to address such notions as the relationship between learning … behaviour and strategy, and evolutionary learning. To do this within the modern context, it needs to call on the paradigm of … complexity. One approach towards this has been developed that comes from Viable Systems Theory. Applying its conceptualisations …

these interactions, there are learning spillovers: coworkers learn general skills from each other that increase future … their own education. Next, I show that learning spillovers are empirically relevant. Using matched administrative data from …

cannot derive a rational expectations equilibrium. In a dynamic setting, market participants employ learning and adaptation …

Canonical theories of observational learning (Bikhchandani et al. (1992), Banerjee (1992)) have been used to study … information cascades (“herding”) in a wide variety of markets. This paper embeds observational learning in an equilibrium model of … manipulate future demand. We first characterize optimal pricing in a simplified model to show when and how learning is …