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on repeated averaging of neighbors' information and Markovian diffusion processes such as the Google random surfer model …
Persistent link: https://www.econbiz.de/10005008021
We study learning and influence in a setting where agents communicate according to an arbitrary social network and naïvely update their beliefs by repeatedly taking weighted averages of their neighbors’ opinions. A focus is on conditions under which beliefs of all agents in large societies...
Persistent link: https://www.econbiz.de/10005423267