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We introduce a simple two-stage game of endogenous network formation and information sharing for reasoning about the … then we study how the network design and the utility specifications affect welfare. Surprisingly, we find that in general … "babblers" or "friends", irrespective of whether the network is unilateral or bilateral, in equilibrium, targeted information …
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analyzes a learning model with endogenous network formation in which people have different types and live in different regions …
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