Purpose: With the rapid development of economy and the support of government policy, the development of the logistics industry has become a new economic growth engine. As we all know, the reasonable price of logistics service is the most critical factor for logistics enterprises to win market...

Agents in a network want to learn the true state of the world from their own signals and their neighbors' reports. Agents know only their local networks, consisting of their neighbors and the links among them. Every agent is Bayesian with the (possibly misspecified) prior belief that her local...

Agents in a network want to learn the state of the world from their own signals and their neighbors' reports. But they are cognitively-constrained: they have finite and heterogeneous cognitive abilities. We model cognitive ability as a measure of their sophistication when they reason on behalf...