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broadcast or sent via shortest paths; only connection density matters. In contrast, homophily substantially slows learning based … friendship networks from the Adolescent Health dataset. -- Networks ; Learning ; Diffusion ; Homophily ; Friendships ; Social … Networks ; Random Graphs ; Mixing Time ; Convergence ; Speed of Learning ; Speed of Convergence …
Persistent link: https://www.econbiz.de/10008811020
simultaneously. We propose a decentralized, completely uncoupled learning process in such environments that leads to stable and … sell-side). This simple and intuitive learning process implements core allocations even though agents have no knowledge of …
Persistent link: https://www.econbiz.de/10009756276
We investigate how the selection process of a leader affects team performance with respect to social learning. We use a … models of social learning to investigate the micro-level mechanisms. We find that overconfidence and conservatism contribute …
Persistent link: https://www.econbiz.de/10011794457
Persistent link: https://www.econbiz.de/10011301877
technologies display learning effects and agents’ rate of learning is private knowledge. In a simple two-period model with full … commitment available to the principal, we show that whether learning effects are over- or under-exploited crucially depends on … whether learning effects increase or decrease the principal’s uncertainty about agents’ costs of production. Hence, what …
Persistent link: https://www.econbiz.de/10002521609
Persistent link: https://www.econbiz.de/10003740531
This paper explores the opportunities for integrating Initiative Based Learning (IBL) and Integrated Assessment Models … (IAMs) in order to improve our understanding of learning in the context of societal transition pathways, and more … learning in a very different way, and the two approaches have major structural differences with respect to the geographical as …
Persistent link: https://www.econbiz.de/10011558344
Persistent link: https://www.econbiz.de/10013401808
The use of coarse categories is prevalent in various situations and has been linked to biased economic outcomes, ranging from discrimination against minorities to empirical anomalies in financial markets. In this paper we study economic rationales for categorizing coarsely. We think of the way...
Persistent link: https://www.econbiz.de/10010353550
I examine a setting, where an information sender conducts research into a payoff-relevant state variable, and releases information to agents, who consider joining a coalition. The agents' actions can cause harm by contributing to a public bad. The sender, who has commitment power, by designing...
Persistent link: https://www.econbiz.de/10011660390