Meseguer, Covadonga (2006) Rational learning and bounded learning in the diffusion of policy innovations. Rationality and Society, 18 (1). pp. 35-66. ISSN 1043-4631
Full text not available from this repository.Abstract
In political science, rational learning and bounded learning are commonly studied as two opposing theories of policy choice. In this article, I use a rational learning approach to reach conclusions about bounded learning, showing that the two theories are not necessarily incompatible. By examining a rational learning model and the decisions of a set of developing countries to open up their trade regimes, I show that countries are particularly influenced by the choices of neighbouring countries and by particularly successful policy experiences. These are two typical contentions of the bounded learning literature. I argue that bounded learning and rational learning yield the same results as soon as one drops the rational learning assumption that there are zero costs to gathering new information. I use the discussion on rational learning versus bounded learning as a basis for exploring more general issues concerning the diffusion of policy innovations.
| Item Type: | Article |
|---|---|
| Official URL: | http://rss.sagepub.com/ |
| Additional Information: | © 2006 Sage Publications. |
| Divisions: | International Relations |
| Subjects: | J Political Science > JA Political science (General) J Political Science > JF Political institutions (General) |
| Date Deposited: | 07 Oct 2015 11:01 |
| Last Modified: | 11 Dec 2024 23:06 |
| URI: | http://eprints.lse.ac.uk/id/eprint/63895 |
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