کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5066376 | 1476774 | 2017 | 18 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
The nature of social learning: Experimental evidence
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
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چکیده انگلیسی
In the wide economic literature on social learning, many types of behavior - rational and non-rational - have been proposed. I suggest a level-k model that unifies many of them in one framework. This paper analyzes experimental data that is able to distinguish between levels of reasoning at the individual level. It relies on rich, existing data from Ãelen and Kariv (2004) as well as new experimental data that includes written accounts of reasoning from incentivized intra-team communication. Three datasets provide consistent evidence that naïve inference in form of the best response to truthful play is the most common approach to social learning. The empirical type distributions feature heterogeneity similar to other level-k applications.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Economic Review - Volume 94, May 2017, Pages 148-165
Journal: European Economic Review - Volume 94, May 2017, Pages 148-165
نویسندگان
Stefan P. Penczynski,