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We develop a game-theoretic model to study the subscription choices of subscribers with diverse ideological perspectives between two opposing news media (intermediaries) who are motivated to influence the public opinion through their roles of news verification and selective disclosure. The...
Persistent link: https://www.econbiz.de/10014242852
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
We study rebate mechanisms according to which a monopolist selling a product introduces rebates as function of the volume of buyers. This enables the firm to induce payoff externalities that ordinarily do not exist. The monopoly firm sells an indivisible good to a mass of consumers with...
Persistent link: https://www.econbiz.de/10012891061
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
We develop a dynamic model of opinion formation in social networks when the information required for learning a payoff-relevant parameter may not be at the disposal of any single agent. Individuals engage in communication with their neighbors in order to learn from their experiences. However,...
Persistent link: https://www.econbiz.de/10009275487
We develop a dynamic model of opinion formation in social networks. Relevant information is spread throughout the network in such a way that no agent has enough data to learn a payoff-relevant parameter. Individuals engage in communication with their neighbors in order to learn from their...
Persistent link: https://www.econbiz.de/10008456315
We study optimal contracting between a firm selling a divisible good that exhibits positive externality and a group of agents in a social network. The extent of externality that each agent receives from the consumption of neighboring agents is privately held and is unknown to the firm. By...
Persistent link: https://www.econbiz.de/10011750141
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