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The Trade-off Between Fast Learning and Dynamic Efficiency

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  • Benny Moldovanu

    (University of Bonn)

  • Alex Gershkov

    (University of Bonn)

Abstract

sufficient conditions for the efficient allocation to be implementable, and we draw a parallel to situations with direct informational externalities.

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Bibliographic Info

Paper provided by Society for Economic Dynamics in its series 2008 Meeting Papers with number 348.

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Date of creation: 2008
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Handle: RePEc:red:sed008:348

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Postal: Society for Economic Dynamics Christian Zimmermann Economic Research Federal Reserve Bank of St. Louis PO Box 442 St. Louis MO 63166-0442 USA
Fax: 1-314-444-8731
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Web page: http://www.EconomicDynamics.org/society.htm
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