taking an (irreversible) action. We define \textit{asymptotic learning} as the fraction of agents taking the correct action … converging to one as a society grows large. Under truthful communication, we show that asymptotic learning occurs if (and under … ``information hubs'', which receive and distribute a large amount of information. Asymptotic learning therefore requires information …

define asymptotic learning as the fraction of agents taking the correct action converging to one in probability as a society … grows large. Under truthful communication, we show that asymptotic learning occurs if (and under some additional conditions … receive and distribute a large amount of information. Asymptotic learning therefore requires information to be aggregated in …