technologies display learning effects and agents’ rate of learning is private knowledge. In a simple two-period model with full … commitment available to the principal, we show that whether learning effects are over- or under-exploited crucially depends on … whether learning effects increase or decrease the principal’s uncertainty about agents’ costs of production. Hence, what …

We investigate how the selection process of a leader affects team performance with respect to social learning. We use a … lab experiment in which an incentivized guessing task is repeated in a star network with the leader at the center. Leader … models of social learning to investigate the micro-level mechanisms. We find that overconfidence and conservatism contribute …

explains the intuition behind this rationale. …

Organizations design their communication structures to improve decision-making while limiting wasteful influence … agents within the organization have the knowledge required for optimal decision-making; (ii) both the organization and …

broadcast or sent via shortest paths; only connection density matters. In contrast, homophily substantially slows learning based … friendship networks from the Adolescent Health dataset. -- Networks ; Learning ; Diffusion ; Homophily ; Friendships ; Social … Networks ; Random Graphs ; Mixing Time ; Convergence ; Speed of Learning ; Speed of Convergence …