Rationalizing Outcomes: Interdependent Learning in Competitive Markets

The authors thank Gautam Ahuja, Hillary Greene, Daniel Levinthal, Nicolaj Siggelkow, and Tiona Zuzul as well as workshop participants at Berkeley, Carnegie-Mellon University, Harvard Business School, London Business School, Michigan, Minnesota, and Wharton for helpful suggestions. The authors thank Osama Arif, Christian Covington, Emily Grandjean, Young Hou, Rachel Salisbury, and Kevin Yang for able research assistance. Menon was at the Management Department, Wharton School, University of Pennsylvania for most of the project. Some work on this project was done when Yao was a visiting scholar at the Haas School, University of California, Berkeley.