We present experimental evidence suggesting that observational learning (i.e., learning-by-not-doing but by observing) may outperform learning-by-doing.
ASJC Scopus subject areas
- Economics and Econometrics
Merlo, A., & Schotter, A. (2003). Learning by not doing: An experimental investigation of observational learning. Games and Economic Behavior, 42(1), 116-136. https://doi.org/10.1016/S0899-8256(02)00537-7