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multiplex network who deal with coordination issues using social learning and payoff-driven dynamics. Agents form their … heterogeneous preference through learning on one layer and they play a pure coordination game on the other layer. People learn from …. We find that the presence of the social learning mechanism explains the rising and the endurance of a segregated society …
Persistent link: https://www.econbiz.de/10012062102
We provide an overview and synthesis of the literature on how social networks influence behaviors, with a focus on diffusion. We discuss some highlights from the empirical literature on the impact of networks on behaviors and diffusion. We also discuss some of the more prominent models of...
Persistent link: https://www.econbiz.de/10014025689
The paper analyzes a dynamic model of rational strategic learning in a network. It complements existing literature by … links. This means that in the design of networks there exists a trade-off between the speed of learning and accuracy. …
Persistent link: https://www.econbiz.de/10010441988
The novelty of our model is to combine models of collective action on networks with models of social learning. Agents …
Persistent link: https://www.econbiz.de/10010227321
explosion of social media has significantly increased the scope and impact of social learning among consumers. This paper … studies observational learning in networks of friends versus strangers. A consumer decides whether to adopt a product after …-network becomes more effective. Underlying these results are two competing effects of network heterogeneity on social learning …
Persistent link: https://www.econbiz.de/10014036611
collective learning. The present paper provides a summary of this research. …
Persistent link: https://www.econbiz.de/10014025688
The novelty of our model is to combine models of collective action on networks with models of social learning. Agents …
Persistent link: https://www.econbiz.de/10013061677
This paper presents a non-Bayesian model of social learning in networks in an environment with a finite set of actions …
Persistent link: https://www.econbiz.de/10013062835
the nature of the task at the second date further shows that learning is unencumbered by a change in environment. Our …
Persistent link: https://www.econbiz.de/10011976128
The literature on learning in unknown environments emphasises reinforcing on actions which produce positive results …
Persistent link: https://www.econbiz.de/10011517970