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Learning By Not Doing: An Experimental Investigation of Observational Learning

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Author Info

  • Schotter, A.
  • Merlo, A.

Abstract

In this paper we present experimental evidence suggesting that observational learning (i.e. learning-by-not-doing but by observing) may outperform learning-by-doing.

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File URL: http://econ.as.nyu.edu/docs/IO/9188/RR00-10.PDF
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Bibliographic Info

Paper provided by C.V. Starr Center for Applied Economics, New York University in its series Working Papers with number 00-10.

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Length: 19 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:cvs:starer:00-10

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Postal: C.V. Starr Center, Department of Economics, New York University, 19 W. 4th Street, 6th Floor, New York, NY 10012
Phone: (212) 998-8936
Fax: (212) 995-3932
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Web page: http://econ.as.nyu.edu/object/econ.cvstarr.html
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Postal: C.V. Starr Center, Department of Economics, New York University, 19 W. 4th Street, 6th Floor, New York, NY 10012
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Keywords: LEARNING;

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References

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  1. Bull, Clive & Schotter, Andrew & Weigelt, Keith, 1987. "Tournaments and Piece Rates: An Experimental Study," Journal of Political Economy, University of Chicago Press, vol. 95(1), pages 1-33, February.
  2. Merlo, Antonio & Schotter, Andrew, 1999. "A Surprise-Quiz View of Learning in Economic Experiments," Games and Economic Behavior, Elsevier, vol. 28(1), pages 25-54, July.
  3. Boyan Jovanovic & Yaw Nyarko, 1994. "The Transfer of Human Capital," NBER Working Papers 4823, National Bureau of Economic Research, Inc.
  4. Colin Camerer & Teck-Hua Ho, 1999. "Experience-weighted Attraction Learning in Normal Form Games," Econometrica, Econometric Society, vol. 67(4), pages 827-874, July.
  5. Schotter, Andrew & Weigelt, Keith, 1992. "Asymmetric Tournaments, Equal Opportunity Laws, and Affirmative Action: Some Experimental Results," The Quarterly Journal of Economics, MIT Press, vol. 107(2), pages 511-39, May.
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Citations

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Cited by:
  1. Boðaçhan Çelen & Shachar Kariv & Andrew Schotter, 2006. "An Experimental Test of Advice and Social Learning," Levine's Bibliography 784828000000000272, UCLA Department of Economics.
  2. Simonsohn, Uri & Karlsson, Niklas & Loewenstein, George & Ariely, Dan, 2008. "The tree of experience in the forest of information: Overweighing experienced relative to observed information," Games and Economic Behavior, Elsevier, vol. 62(1), pages 263-286, January.
  3. Cardella, Eric, 2012. "Learning to make better strategic decisions," Journal of Economic Behavior & Organization, Elsevier, vol. 84(1), pages 382-392.
  4. Boyan Jovanovic & Peter L. Rousseau, 2002. "Moore's Law and Learning-By-Doing," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(2), pages 346-375, April.
  5. Doron Sonsino & Radosveta Ivanova-Stenzel, 2006. "Experimental internet auctions with random information retrieval," Experimental Economics, Springer, vol. 9(4), pages 323-341, December.
  6. Ananish Chaudhuri & Barry Sopher & Andrew Schotter, 2006. "Learning in Tournaments with Inter-Generational Advice," Economics Bulletin, AccessEcon, vol. 3(26), pages 1-16.
  7. Jim Engle-Warnick & Sonia Laszlo Author Email: sonia.laszlo@mcgill.ca, 2006. "Learning By Doing In An Ambiguous Environment," Departmental Working Papers 2006-29, McGill University, Department of Economics.
  8. Raghuram Iyengar & Andrew Schotter, 2008. "Learning under supervision: an experimental study," Experimental Economics, Springer, vol. 11(2), pages 154-173, June.
  9. Ambrosino, Angela, 2009. "Institutions as game theory outcomes: toward a cognitive-experimental inquiry," MPRA Paper 42752, University Library of Munich, Germany, revised 2013.
  10. Boðaçhan Çelen & Shachar Kariv & Andrew Schotter, 2005. "Words Speak Louder than Actions and Improve Welfare: An Experimental Test of Advice and Social Learning," Levine's Bibliography 784828000000000250, UCLA Department of Economics.
  11. repec:ebl:ecbull:v:3:y:2006:i:26:p:1-16 is not listed on IDEAS

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