Learning from others: A welfare analysis
From MaRDI portal
Publication:1369073
DOI10.1006/game.1997.0562zbMath0894.90037OpenAlexW2002298818WikidataQ57388265 ScholiaQ57388265MaRDI QIDQ1369073
Publication date: 7 October 1997
Published in: Games and Economic Behavior (Search for Journal in Brave)
Full work available at URL: https://semanticscholar.org/paper/2557d27a33a2fbfe8945290806dd22a8fd7fc70e
Related Items
Social learning in recurring games ⋮ An informational rationale for action over disclosure ⋮ Learning dynamics with private and public signals ⋮ Information, coordination, and market frictions: an introduction ⋮ Information acquisition and learning from prices over the business cycle ⋮ Learning from private and public observations of others' actions ⋮ Inertia in social learning from a summary statistic ⋮ Herding through booms and busts ⋮ Hope springs eternal: Learning and the stability of cooperation in short horizon repeated games. ⋮ Word-of-mouth learning. ⋮ Altruistic observational learning ⋮ Solving DSGE portfolio choice models with dispersed private information ⋮ Herding with costly information ⋮ Financial crises as herds: overturning the critiques ⋮ Imitation and experimentation in changing contests ⋮ Opinion dynamics and learning in social networks
Cites Work
- Unnamed Item
- Unnamed Item
- An expository note on individual risk without aggregate uncertainty
- On the aggregation of information in competitive markets
- We can't disagree forever
- On the convergence of Bayesian posterior processes in linear economic models. Counting equations and unknowns
- The exponential convergence of Bayesian learning in normal form games
- Agreeing to disagree
- On the convergence of informational cascades
- Word-of-mouth learning.
- Market Anticipations, Rational Expectations, and Bayesian Analysis
- Common Knowledge of an Aggregate of Expectations
- Continuous Auctions and Insider Trading
- Common Knowledge, Consensus, and Aggregate Information
- Controlling a Stochastic Process with Unknown Parameters
- An Example of Convergence to Rational Expectations with Heterogeneous Beliefs
- Learning and Capacity Expansion under Demand Uncertainty
- Convergence to Rational Expectations in a Stationary Linear Game
- A Bayesian Approach to the Production of Information and Learning by Doing
- Smoothness of the Policy Function in Discrete Time Economic Models
- Information Revelation and Strategic Delay in a Model of Investment
- Pathological Outcomes of Observational Learning
- Optimal Learning by Experimentation
- How Fast do Rational Agents Learn?
- Team Decision Problems