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来源类型Working Paper
规范类型报告
DOI10.3386/w30378
来源IDWorking Paper 30378
Not Learning from Others
John J. Conlon; Malavika Mani; Gautam Rao; Matthew W. Ridley; Frank Schilbach
发表日期2022-08-22
出版年2022
语种英语
摘要We provide evidence of a powerful barrier to social learning: people are much less sensitive to information others discover compared to equally-relevant information they discover themselves. In a series of incentivized lab experiments, we ask participants to guess the color composition of balls in an urn after drawing balls with replacement. Participants' guesses are substantially less sensitive to draws made by another player compared to draws made themselves. This result holds when others' signals must be learned through discussion, when they are perfectly communicated by the experimenter, and even when participants see their teammate drawing balls from the urn with their own eyes. We find a crucial role for taking some action to generate one's `own' information, and rule out distrust, confusion, errors in probabilistic thinking, up-front inattention and imperfect recall as channels.
主题Microeconomics ; Behavioral Economics ; Economics of Information
URLhttps://www.nber.org/papers/w30378
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/588050
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John J. Conlon,Malavika Mani,Gautam Rao,et al. Not Learning from Others. 2022.
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