Decentralized organizational learning: An experimental investigation

Andreas Blume, John Duffy, April M. Franco

Research output: Contribution to journalArticle

9 Scopus citations

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).

Original languageEnglish (US)
Pages (from-to)1178-1205
Number of pages28
JournalAmerican Economic Review
Volume99
Issue number4
DOIs
StatePublished - Sep 1 2009

ASJC Scopus subject areas

  • Economics and Econometrics

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