future choices. These considerations motivate a rich research programme on how social networks shape individual and … collective learning. The present paper provides a summary of this research. …

direct and indirect connections. In addition to forming (costly) links, agents choose actions for a coordination game that … determines the level of decay of each link. We address the issues of coordination (long-run equilibrium selection) and network …

networks and endogenous private signals …

agent, which we take it as learning. In this non-cooperative setting we provide complete characterization of both Nash …, typically there will be multiple stable configurations that will be available for a society. While all stable networks will not …