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Social networks 1 bounded rationality 1 consensus 1 information aggregation 1 ive inference 1 ive learning 1 na&#x0308 1
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Mueller-Frank, Manuel 1 Neri, Claudia 1
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A general analysis of boundedly rational learning in social networks
Mueller-Frank, Manuel; Neri, Claudia - In: Theoretical Economics 16 (2021) 1, pp. 317-357
We analyze boundedly rational learning in social networks within binary action environments. We establish how learning outcomes depend on the environment (i.e., informational structure, utility function), the axioms imposed on the updating behavior, and the network structure. In particular, we...
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