Now showing items 1-2 of 2

  • Self-Fulfilling Price Cycles 

    Moore, John; Best, James A (University of EdinburghUniversity of Chicago, 2013)
    This paper presents a model of a self-fulfilling price cycle in an asset market. Price oscillates deterministically even though the underlying environment is stationary. The mechanism that we uncover is driven by ...
  • When Do We Learn to Cooperate? The Role of Social Learning in Social Dilemmas 

    Best, James A (University of Edinburgh, 2011)
    In this paper, I look at the interaction between social learning and cooperative behavior. I model this using a social dilemma game with publicly observed sequential actions and asymmetric information about pay offs. I ...

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