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Fragility of asymptotic agreement under Bayesian learning
Acemoglu, Daron (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003785520
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Spread of (mis)information in social networks
Acemoglu, Daron; Ozdaglar, Asuman E.; ParandehGheibi, Ali - 2009
Persistent link: https://www.econbiz.de/10003861852
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Equilibrium refinement in dynamic voting games
Acemoglu, Daron; Egorov, Georgij V.; Sonin, Konstantin - 2009
Persistent link: https://www.econbiz.de/10003942524
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Cycles of Distrust : An Economic Model
Acemoglu, Daron - 2012
We propose a model of cycles of distrust and conflict. Overlapping generations of agents from two groups sequentially play coordination games under incomplete information about whether the other side consists of "extremists" who will never take the good/trusting action. Good actions may be...
Persistent link: https://www.econbiz.de/10013103053
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Cycles of Distrust : An Economic Model
Acemoglu, Daron - 2012
We propose a model of cycles of distrust and conflict. Overlapping generations of agents from two groups sequentially play coordination games under incomplete information about whether the other side consists of "extremists" who will never take the good/trusting action. Good actions may be...
Persistent link: https://www.econbiz.de/10012460403
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Competititon and Efficiency in Congested Markets
Acemoglu, Daron - 2007
We study the efficiency of oligopoly equilibria in congested markets. The motivating examples are the allocation of network flows in a communication network or of traffic in a transportation network. We show that increasing competition among oligopolists can reduce efficiency, measured as the...
Persistent link: https://www.econbiz.de/10012731802
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Moral Hazard and Efficiency in General Equilibrium with Anonymous Trading
Acemoglu, Daron - 2010
A "folk theorem" originating, among others, in the work of Stiglitz maintains that competitive equilibria area always or "generically" inefficient (unless contracts directly specify consumption levels as in Prescott and Townsend, thus bypassing trading in anonymous markets). This paper...
Persistent link: https://www.econbiz.de/10013144184
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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/10013079890
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Price Competition in Communication Networks
Acemoglu, Daron; Ozdaglar, Asuman E. - 2006
We study the efficiency properties of oligopoly equilibria in congested networks. Our measure of efficiency is the difference between users' willingness to pay and delay costs. Previous work has demonstrated that in networks consisting of parallel links, efficiency losses from competition are...
Persistent link: https://www.econbiz.de/10014058354
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History, Expectations, and Leadership in the Evolution of Social Norms
Acemoglu, Daron - 2014
We study the evolution of a social norm of `cooperation' in a dynamic environment. Each agent lives for two periods and …, leading to a social norm of high or low cooperation. In more forward-looking societies, there is a pattern of 'reversion …' whereby play starting with high (low) cooperation reverts toward lower (higher) cooperation. The impact of history can be …
Persistent link: https://www.econbiz.de/10013068049