Showing 71 - 80 of 485
Persistent link: https://www.econbiz.de/10009732802
Persistent link: https://www.econbiz.de/10009567955
Persistent link: https://www.econbiz.de/10010470393
An individual’s contribution to a public good may be seen by others as a signal of attributes such as generosity or wealth. An individual may, therefore, choose their contribution so as to send an appropriate signal to others. In this paper we question how the inferences made by others will...
Persistent link: https://www.econbiz.de/10003746676
We consider a model of conformity that permits a non-conformist equilibrium and multiple conformist equilibria. Agents are assumed to behave according to a best reply learning dynamic. We details the conditions under which a social norm and conformity emerge. The emergence of conformity depends...
Persistent link: https://www.econbiz.de/10003491164
We consider a simple model that combines elements of search and social learning. Acting in sequence, and observing the action adopted by a previous agent, agents must search for an action. We explore why agent heterogeneity may increase expected payoffs and demonstrate that social learning may...
Persistent link: https://www.econbiz.de/10003491166
Persistent link: https://www.econbiz.de/10003534415
We model a simple dynamic process in which boundedly rational agents learn through their interactions with others. Of interest is to study the process of contagion where by one action 'spreads throughout the population' and becomes conventional. We vary the network of player interaction between...
Persistent link: https://www.econbiz.de/10002435020
Persistent link: https://www.econbiz.de/10014326495
Persistent link: https://www.econbiz.de/10014370704