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The Trade-off Between Fast Learning and Dynamic Efficiency

Benny Moldovanu () and Alex Gershkov

No 348, 2008 Meeting Papers from Society for Economic Dynamics

Abstract: sufficient conditions for the efficient allocation to be implementable, and we draw a parallel to situations with direct informational externalities.

Date: 2008
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More papers in 2008 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
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