Dynamics of information exchange in endogenous social networks
We develop a model of information exchange through communication and investigate its implications for information aggregation in large societies. An underlying state determines payoffs from different actions. Agents decide which other agents to form a costly communication link with, incurring the as...
Main Authors: | , , |
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Other Authors: | , |
Format: | Article |
Language: | English |
Published: |
The Econometric Society,
2014-05-29T16:11:53Z.
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Subjects: | |
Online Access: | Get fulltext |