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Bayesian learning in social networks
Acemoglu, Daron; Dahleh, Munther A.; Lobel, Ilan; … - In: The review of economic studies 78 (2011) 4, pp. 1201-1236
Persistent link: https://www.econbiz.de/10009383682
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Bayesian Learning in Social Networks
Acemoglu, Daron - 2008
We study the perfect Bayesian equilibrium of a model of learning over a general social network. Each individual receives a signal about the underlying state of the world, observes the past actions of a stochastically-generated neighborhood of individuals, and chooses one of two possible actions....
Persistent link: https://www.econbiz.de/10012464607
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Dynamic mirrlees taxation under political constraints
Acemoglu, Daron; Golosov, Michail Ju.; Tsyvinski, Aleh - In: The review of economic studies 77 (2010) 3, pp. 841-881
Persistent link: https://www.econbiz.de/10003976565
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Markets Versus Governments : Political Economy of Mechanisms
Acemoglu, Daron - 2006
We study the optimal Mirrlees taxation problem in a dynamic economy with idiosyncratic (productivity or preference) shocks. In contrast to the standard approach, which implicitly assumes that the mechanism is operated by a benevolent planner with full commitment power, we assume that any...
Persistent link: https://www.econbiz.de/10012466444
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Incentives in Markets, Firms and Governments
Acemoglu, Daron - 2003
healthcare. We argue that markets are most advantageous in areas where high-powered incentives are desirable, but in areas where … high-powered incentives stimulate unproductive signalling effort, firms, or even government, may have a comparative … advantage. Firms may be able to weaken incentives and improve efficiency by obscuring information about individual workers …
Persistent link: https://www.econbiz.de/10012468896
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Network Security and Contagion
Acemoglu, Daron - 2013
We develop a theoretical model of security investments in a network of interconnected agents. Network connections introduce the possibility of cascading failures due to an exogenous or endogenous attack depending on the profile of security investments by the agents. The general presumption in...
Persistent link: https://www.econbiz.de/10012459488
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Fast and Slow Learning From Reviews
Acemoglu, Daron - 2017
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 information about reviews left by previous customers. A...
Persistent link: https://www.econbiz.de/10012453667
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Learning, Diversity and Adaptation in Changing Environments : The Role of Weak Links
Acemoglu, Daron; Ozdaglar, Asuman E.; Pattathil, Sarat - National Bureau of Economic Research - 2023
incentives to coordinate with others to whom they are connected via strong links. We show, however, that when the underlying …
Persistent link: https://www.econbiz.de/10014287315
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Heterogeneity and the non-parametric analysis of consumer choice : conditions for invertibility
Beckert, Walter; Blundell, Richard W. - In: The review of economic studies 75 (2008) 4, pp. 1069-1080
Persistent link: https://www.econbiz.de/10003759285
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Collective labour supply : heterogeneity and non-participation
Blundell, Richard W.; Chiappori, Pierre-André; Magnac, … - In: The review of economic studies 74 (2007) 2, pp. 417-445
Persistent link: https://www.econbiz.de/10003431631