Social learning in networks: a quantal response equilibrium analysis of experimental data

DOI10.1007/S10058-012-0122-XMaRDI QIDQ1934567zbMATH OpenOpenAlexFDO

Authors Syngjoo Choi, Douglas Gale, Shachar Kariv

Publication date 29 January 2013

Published in Review of Economic Design (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10058-012-0122-x

zbMATH Keywords

experimentquantal response equilibriumsocial learningsocial networks

Mathematics Subject Classification ID

Experimental studies (91A90) Social networks; opinion dynamics (91D30)

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Cites work

• A cognitive hierarchy model of learning in networks
• A consistent test of functional form via nonparametric estimation techniques
• A general framework for rational learning in social networks
• An experimental test of observational learning under imperfect information
• Bayesian learning in social networks.
• Identification of Endogenous Social Effects: The Reflection Problem
• Informational externalities and emergence of consensus
• Learning from Neighbours
• Limited Depth of Reasoning and Failure of Cascade Formation in the Laboratory
• Pathological Outcomes of Observational Learning
• Persuasion Bias, Social Influence, and Unidimensional Opinions
• Quantal response equilibria for extensive form games
• Quantal response equilibria for normal form games
• Self-Correcting Information Cascades
• Social and economic networks.
• The Role of Information and Social Interactions in Retirement Plan Decisions: Evidence from a Randomized Experiment

Cited in

(11)

• Information diffusion in networks with the Bayesian peer influence heuristic
• A cognitive hierarchy model of learning in networks
• On the uniqueness of quantal response equilibria and its application to network games
• A survey on nonstrategic models of opinion dynamics
• Models of strategic behavior
• Learning in networks -- an experimental study using stationary concepts
• Quantal response methods for equilibrium selection in \(2\times 2\) coordination games
• Testing Models of Social Learning on Networks: Evidence From Two Experiments
• The impacts of investor network and herd behavior on market stability: social learning, network structure, and heterogeneity
• Dynamics of ideal efforts and consensus in a multi-layer network game
• Learning through imitation: an experiment

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