Author

Minghao Pan

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Preprint Aug 2026

Rational Learning One Step Off the Path

Which social norms are self-correcting under rational learning? We show that conduct sustained by false beliefs cannot persist if a single departure from prevailing behavior generates evidence against those beliefs. We study the overlapping-generations learning model of Fudenberg and Levine (1993), in which finitely li...

Zihao Li, Minghao Pan · 0 citations