The article and accompanying spreadsheet represent the information posteriors derived from synthetic data of magnetotellurics (MT). These were used to calculate value of information of MT for geotherm
Are systematic biases in decision making self-corrected in the long run when agents are accumulating feedback informative of optimal behavior? This paper focuses on a canonical updating problem where
Choosing a major field of study to secure a good job after graduation is a tacit coordination problem that requires considering others’ choices. We examine how feeling skillful, either induced (Experi