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Learning by not doing: an experimental investigation of observational learning

✍ Scribed by Antonio Merlo; Andrew Schotter


Book ID
117609956
Publisher
Elsevier Science
Year
2003
Tongue
English
Weight
278 KB
Volume
42
Category
Article
ISSN
0899-8256

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πŸ“œ SIMILAR VOLUMES


Learning by doing and the value of optim
✍ Volker Wieland πŸ“‚ Article πŸ“… 2000 πŸ› Elsevier Science 🌐 English βš– 316 KB

Recent research on learning by doing has provided the limit properties of beliefs and actions for a class of learning problems, in which experimentation is an important aspect of optimal decision making. However, under these conditions the optimal policy cannot be derived analytically, because Bayes