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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 …
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suggests a trade-off of using coarser versus finer representations of the strategy set when it comes to learning. …
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We consider a simple dynamic model of environmental taxation that exhibits time inconsistency. There are two categories of firms, Believers, who take the tax announcements made by the Regulator to face value, and Non-Believers, who perfectly anticipate the Regulator's decisions, albeit at a...
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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 …
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