High levels of financial exclusion in developing countries have left millions of citizens with inadequate access to financial services. While various solutions and strategies have been developed to cope with this challenge, in the current research, we explore a popular model of cash exchange...

While emerging economies have seen an explosive growth of Internet population, these countries lack sophisticated credit scoring system or credit bureaus to predict creditworthiness of individuals. Leveraging the widespread adoption of social media and social network sites in emerging markets,...

In the current ecosystems of digital content and news media, social media have become important for content providers to increase their online advertising revenue as well as their digital presence by attracting site traffic. Motivated by the theoretical and practical importance of understanding...

Large-scale social platforms have enabled marketers to obtain rich data on the structure of word-of-mouth (WOM) networks and the correlation of friends' preferences (network assortativity). We study how the similarity or difference of friends' reservation prices for a product should affect the...

We seed noisy information to members of a real-world social network to study how information diffusion and information aggregation jointly shape social learning. Our environment features substantial social learning. We show that learning occurs via diffusion which is highly imperfect: signals...