The basis of social learning theory is simple: People learn by watching other people. We can learn from anyone—teachers, parents, siblings, peers, co-workers, YouTube influencers, athletes, and even ...

As others go through different experiences, we can sometimes learn from watching their example. Researchers have long explained that we experience social understanding, meaning that in order to learn ...

Albert Bandura, a Canadian-American psychologist, discovered that a patient’s observation of former patients in handling snakes was an effective therapy while working with patients on snake phobia.

This is a preview. Log in through your library . Abstract We study the optimal pricing strategy for a privately informed monopolist in the presence of observational learning. Early adopters learn ...