This book is the first in the exciting new field of social learning.
Penguins jumping off a cliff, economic forecasters and financial advisors speculating against a currency, and farmers using traditional methods in India are all practising social learning. Such learning from the behavior of others may and does lead to herds, crashes, and booms. …
This book is the first in the exciting new field of social learning.
This book is the first in the exciting new field of social learning.
Learning, Policy Making, and Market Reforms is the first study that tests the impact of policy learning on economic policy choices across time and space.--Résumé de l'éditeur.
In the 1980s and 1990s, market reforms swept the world. It is widely believed that the reformist wave can be partly explained in terms of the lessons learned from policy failures of the past. Whereas this interpretation of events is well established, it has never been empiricall…
In the 1980s and 1990s, market reforms swept the world. It is widely believed that the reformist wave can be partly explained in terms of the lessons learned from policy failures of the past. Whereas this interpretation of events is well established, it has never been empiricall…