Sequential Learning under Informational Ambiguity.
This paper investigates a sequential social learning problem in which individuals face ambiguity about others' signal structures and have max-min expected utility preferences, thereby exhibiting ambiguity aversion. Unlike previous findings, which suggest that learning outcomes depend on the specific...
| Published in: | American Economic Review Vol. 116; no. 1; pp. 209 - 246 |
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| Format: | Article |
| Published: |
American Economic Association
Jan2026
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |