We develop a model of information exchange through communication and investigate its implications for information … underlying state, they exchange information over the induced communication network until taking an (irreversible) action. We …, also only if) in the induced communication network most agents are a short distance away from "information hubs", which …

We develop a model of information exchange through communication and investigate its implications for information … underlying state, they exchange information over the induced communication network until taking an (irreversible) action. We …, also only if) in the induced communication network most agents are a short distance away from "information hubs", which …

We develop a model of information exchange through communication and investigate its implications for information …{private signal} correlated with the underlying state, they exchange information over the induced \textit{communication network} until … ``information hubs'', which receive and distribute a large amount of information. Asymptotic learning therefore requires information …

We develop a model of information exchange through communication and investigate its implications for information … underlying state, they exchange information over the induced communication network until taking an (irreversible) action. We …, also only if) in the induced communication network most agents are a short distance away from “information hubs,” which …