Learning from Others' Outcomes
<jats:p> I develop a simple model of social learning in which players observe others’ outcomes but not their actions. A continuum of players arrives continuously over time, and each player chooses once-and-for-all between a safe action (which succeeds with known probability) and a risky action...
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Format: | Article |
Language: | English |
Published: |
American Economic Association
2021
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Online Access: | https://hdl.handle.net/1721.1/135081 |