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CentrePiece article
The upside of London Tube strikes Ferdinand Rauch and colleagues find that many commuters benefit from forced experimentation on routes to work Shaun Larcom, Ferdinand Rauch and Tim Willems
November 2015
Paper No' CEPCP455:
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CentrePiece 20 (2) Autumn 2015

Tags: experimentation; learning; optimization; rationality; search

This article summarises 'The Benefits of Forced Experimentation: Striking Evidence from the London Underground Network' by Shaun Larcom, Ferdinand Rauch and Tim Willems, CEP Discussion Paper No. 1372
CEP discussion paper
Internal Rationality, Imperfect Market Knowledge and Asset Prices Klaus Adam and Albert Marcet
August 2011
Paper No' CEPDP1068:
Read Abstract | Full Paper (pdf)

JEL Classification: G12; G14; D83; D84

Tags: learning; internal rationality; consumption based asset pricing