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We study a model of online news dissemination on a Twitter-like social network. Given a news item and its credibility, agents with heterogeneous priors strategically decide whether to share the news with their followers. An agent shares the news, if the news can persuade her followers to take an...
Persistent link: https://www.econbiz.de/10013211236
In this paper, we study a model of online news dissemination on a Twitter-like social network. Given a noisy observation of the state of the world henceforth called the news, agents with heterogeneous priors decide whether to share with their followers based on whether receiving the news can...
Persistent link: https://www.econbiz.de/10014032844
Persistent link: https://www.econbiz.de/10011823162
We study the problem of optimal dynamic pricing for a monopolist selling a product to consumers in a social network. In the proposed model, the only means of spread of information about the product is via Word of Mouth communication; consumers' knowledge of the product is only through friends...
Persistent link: https://www.econbiz.de/10013032494
Persistent link: https://www.econbiz.de/10011508007
We study a dynamic game in which short-run players repeatedly play a symmetric, strictly supermodular game whose payoff depends on a fixed unknown state of nature. Each short-run player inherits the beliefs of his immediate predecessor in addition to observing the actions of the players in his...
Persistent link: https://www.econbiz.de/10014038672
This paper examines how the structure of a social network and the quality of information available to different agents determine the speed of social learning. To this end, we study a variant of the seminal model of DeGroot (1974), according to which agents linearly combine their personal...
Persistent link: https://www.econbiz.de/10014039045