Showing 1 - 10 of 18
We investigate experimentally whether social learners appreciate the redundancy of information conveyed by their observed predecessors' actions. Each participant observes a private signal and enters an estimate of the sum of all earlier-moving participants' signals plus her own. In a first...
Persistent link: https://www.econbiz.de/10011899219
Persistent link: https://www.econbiz.de/10009658918
Persistent link: https://www.econbiz.de/10002131196
Persistent link: https://www.econbiz.de/10010255133
Persistent link: https://www.econbiz.de/10009619249
Persistent link: https://www.econbiz.de/10009751605
Persistent link: https://www.econbiz.de/10009544697
We consider the spread of a harmful state through a population divided into two groups. Interaction patterns capture the full spectrum of assortativity possibilities. We show that a central planner who aims for eradication optimally either divides equally the resources across groups, or...
Persistent link: https://www.econbiz.de/10009573015
Persistent link: https://www.econbiz.de/10003877256
Persistent link: https://www.econbiz.de/10003590079