Essays on Learning and Strategic Investment

The first chapter studies the strategic timing of irreversible investments when returns depend on an uncertain state of the world. Agents learn about the state through privately observed signals, as well as from each other's actions and experience. In this environment there is the possibility o...

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Bibliographic Details
Main Author: Wagner, Peter Achim
Other Authors: Osborne, Martin
Language:en_ca
Published: 2013
Subjects:
Online Access:http://hdl.handle.net/1807/43755