This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window

American Economic Review: Vol. 99 No. 4 (September 2009)

AER Volume. 99, Issue 4 | leftPrevious ArticleNext Articleright

Expand

Quick Tools:

Print Article Summary Email Link to this Article Export Citation
Sign up for Email Alerts Follow us on Twitter

Explore:

AER - All Issues

AER Forthcoming Articles

Decentralized Organizational Learning: An Experimental Investigation

Article Citation

Blume, Andreas, John Duffy, and April M. Franco. 2009. "Decentralized Organizational Learning: An Experimental Investigation." American Economic Review, 99(4): 1178-1205.

DOI: 10.1257/aer.99.4.1178

Abstract

We experimentally study decentralized organizational learning. Our objective is to understand how learning members of an organization cope with the confounding effects of the simultaneous learning of others. We test the predictions of a stylized, rational agent model of organizational learning that provides sharp predictions as to how learning members of an organization might cope with the simultaneous learning of others as a function of fundamental variables, e.g., firm size and the discount factor. While the problem of learning while others are learning is quite difficult, we find support for the comparative static predictions of the model's unique symmetric equilibrium. (JEL C72, D23, D83)

Article Full-Text Access

Full-text Article

Additional Materials

Download Data Set (2.13 MB)

Authors

Blume, Andreas (U Pittsburgh)
Duffy, John (U Pittsburgh)
Franco, April M. (U Toronto)

JEL Classifications

C72: Noncooperative Games
D23: Organizational Behavior; Transaction Costs; Property Rights
D83: Search; Learning; Information and Knowledge; Communication; Belief


American Economic Review



AEA Member Login:


Quick Tools:

Email Link to this Issue

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

AER - All Issues

AER - Forthcoming Articles

AEA Journals

Virtual Field Journals

AEAweb | AEA Journals | Contact Us