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...
Main Authors: | , , |
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Format: | Working Paper |
Published: |
Cambridge, MA: Department of Economics, Massachusetts Institute of Technology
2012
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Subjects: | |
Online Access: | http://hdl.handle.net/1721.1/71540 |