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This paper considers a population of agents that are engaged in a listening network. The agents wish to match their actions to the true value of some uncertain (exogenous) parameter and to the actions of the other agents. Each agent begins with some initial information about the parameter and,...
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We study friendship networks under the assumption that agents are constrained in their efforts to build up links. Using a fairly general model, we investigate the relation between the prevailing (exogenous) assortative interests and the (endogenous) homophilic degrees of friendship patterns, and...
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This paper develops a model of evolution of beliefs through communication in an exogenous social network. We assume that the agents are Bayesian updaters and that the network enables them to listen to the opinion of others about some uncertain parameter of interest. We explore the effects of the...
Persistent link: https://www.econbiz.de/10010823241
We consider two specific network structures, the star and the line, and study the set of bilateral alternating-offers bargaining procedures for the pairs of connected agents. Agents have complementary information and bargain over the relative price of their pieces of information. We characterize...
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