Buechel, Berno; Hellmann, Tim; Kölßner, Stefan - Fondazione ENI Enrico Mattei (FEEM) - 2014
-conforming with their neighbors. We show that an agent's social influence on the long-run group opinion is increasing in network … centrality and decreasing in conformity. Concerning efficiency of information aggregation or “wisdom" of the society, it turns … out that misrepresentation of opinions need not undermine wisdom, but may even enhance it. Given the network, we provide …