March, Christoph; Ziegelmeyer, Anthony - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009
-Bayesian way. Individuals either overweigh or underweigh (in Bayesian terms)their private information relative to the public … information revealed by the decisions of othersand each individual’s updating rule is private information. First, we consider a …