We study the perfect Bayesian equilibrium of a model of learning over a general social network. Each individual … characterize the conditions under which there will be asymptotic learning -- that is, the conditions under which, as the social … unbounded (meaning that the implied likelihood ratios are unbounded), there will be asymptotic learning as long as there is some …

investigate this claim using a simple model of Bayesian learning. Two individuals with different priors observe the same infinite … implications for economic behavior in a range of circumstances. We illustrate how the type of learning outlined in this paper …

This paper develops a model of Bayesian learning from online reviews, and investigates the conditions for asymptotic … learning of the quality of a product and the speed of learning under different rating systems. A rating system provides … to leave a review as a function of her overall satisfaction. We study learning dynamics under two classes of rating …