Dynamics of Information Exchange in Endogenou 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 others to form a costly communication link with incurring the associa...

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Bibliographic Details
Main Authors: Acemoglu, Daron, Bimpikis, Kostas, Ozdaglar, Asuman
Format: Working Paper
Published: Cambridge, MA: Department of Economics, Massachusetts Institute of Technology 2012
Subjects:
Online Access:http://hdl.handle.net/1721.1/71540