Arieli, Itai; Babichenko, Yakov; Müller, Stephan; … - In: Theoretical economics : TE ; an open access journal in … 20 (2025) 1, pp. 27-56
In a misspecified social learning setting, agents are condescending if they perceive their peers as having private information that is of lower quality than it is in reality. Applying this to a standard sequential model, we show that outcomes improve when agents are mildly condescending. In...
