We study a market with entrepreneurial and workers entry where both entrepreneurs' abilities and workers' qualities are private information. We develop an Agent-Based Computable model to mimic the mechanisms described in a previous analytical model (Boadway and Sato 2011). Then, we introduce the...

This study aims at disentangling the returns to formal, non-formal and informal training and fills key knowledge gaps. Informal learning is found to be by far the most common form of job-related learning at work. Learning informally at work is found to be associated with 3.5% higher wages, on...

We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a number of standard learning algorithms. The learning theories are (unbeknown to subjects) a best response process, fictitious play, imitation, reinforcement learning, and a trial...

Der Autor beschreibt Handlungsoptionen für die unterschiedlichen Bildungsbereiche und begründet konkrete Vorschläge und Anregungen für deren praktische Umsetzung. Deutlich wird, dass die eher isolierte Betrachtung der einzelnen Bildungsinstitutionen (Schule, Hochschule, berufliche und...