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Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 … order shown by Selten and Chmura. This result supports our view that learning in networks is different from learning in …
Persistent link: https://www.econbiz.de/10010286462
converging to one as a society grows large. Under truthful communication, we show that asymptotic learning occurs if (and under … response, it is an equilibrium when the communication network induces asymptotic learning. Moreover, we contrast equilibrium …) ensure the emergence of communication networks that lead to asymptotic learning. Our result shows that societies with too …
Persistent link: https://www.econbiz.de/10011684965
We study social learning in a social network setting where agents receive independent noisy signals about the truth … such that agents do not update their belief in exactly the same way at every point in time. We show that even if the social …
Persistent link: https://www.econbiz.de/10012926326
We study social learning in a social network setting where agents receive independent noisy signals about the truth … such that agents do not update their belief in exactly the same way at every point in time. We show that even if the social …
Persistent link: https://www.econbiz.de/10011801379
grows large. Under truthful communication, we show that asymptotic learning occurs if (and under some additional conditions … equilibrium when the communication network induces asymptotic learning. Moreover, we contrast equilibrium behavior with a socially … communication networks that lead to asymptotic learning. Our result shows that societies with 599 many and sufficiently large social …
Persistent link: https://www.econbiz.de/10014190897
) equilibrium. Fully informative myopic and farsighted equilibria essentially take a particular simple form: all communication is … and analyze equilibrium welfare. Furthermore, we extend our model to public communication and investigate the implications …
Persistent link: https://www.econbiz.de/10012020319
We study the diffusion of an idea, a product, a disease, a cultural fad, or a technology among agents in a social network that exhibits segregation or homophily (the tendency of agents to associate with others similar to themselves). Individuals are distinguished by their types - e.g., race,...
Persistent link: https://www.econbiz.de/10013113693
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 …
Persistent link: https://www.econbiz.de/10013098736
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 … order shown by Selten and Chmura. This result supports our view that learning in networks is different from learning in … random matching. -- experimental economics ; networks ; learning …
Persistent link: https://www.econbiz.de/10009315048
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 … order shown by Selten and Chmura. This result supports our view that learning in networks is different from learning in … random matching. -- experimental economics ; networks ; learning …
Persistent link: https://www.econbiz.de/10008841787