Acemoglu, Daron; Dahleh, Munther A.; Lobel, Ilan; … - In: Review of Economic Studies 78, 4, pp. 1201-1236
We study the (perfect Bayesian) equilibrium of a sequential learning model 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 neighbourhood of individuals, and chooses one of two...
