Showing 1 - 10 of 2,448
We study the diffusion of a true and a false opinion (the rumor) in a social network. Upon hearing an opinion …
Persistent link: https://www.econbiz.de/10012861202
firms. Under the proposed information mechanism, consumers share their initial information with the members of their network … characterizing how many different pieces of information a network is likely to contain. This informativeness is crucial for the … results are robust to the introduction of sequential search and network segregation, but an increase in segregation decreases …
Persistent link: https://www.econbiz.de/10013045761
We combine network formation and information transmission in a simple model and predict that people reveal less …
Persistent link: https://www.econbiz.de/10014079960
A non-cooperative model of network formation is developed. Agents form links with others based on the cost of the link …
Persistent link: https://www.econbiz.de/10011437900
{private signal} correlated with the underlying state, they exchange information over the induced \textit{communication network} until … some additional conditions, also only if) in the induced communication network most agents are a short distance away from … response, it is an equilibrium when the communication network induces asymptotic learning. Moreover, we contrast equilibrium …
Persistent link: https://www.econbiz.de/10011684965
We develop a dynamic framework of strategic information transmission through cheap talk in a social network. Privately … their neighbors in the network. We first characterize myopic (best response) equilibria as well as fully informative myopic … dominate farsighted equilibria, in particular if a social planner has designed the network optimally. …
Persistent link: https://www.econbiz.de/10012020319
We develop a dynamic framework of strategic information transmission through cheap talk in a social network. Privately … their neighbors in the network. We first characterize myopic (best response) equilibria as well as fully informative myopic … equilibria, in particular if a social planner has designed the network optimally …
Persistent link: https://www.econbiz.de/10014123718
network of agents. In our model, agents are identically informed a priori and observe network neighbors’ actions as well as … observed payoffs and imitate observed actions. Our results also allow us to interpret critical mass and network brokerage …
Persistent link: https://www.econbiz.de/10014047946
Persistent link: https://www.econbiz.de/10003708701
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 …
Persistent link: https://www.econbiz.de/10010360337