Misinterpreting others and the fragility of social learning

M Frick, R Iijima, Y Ishii - Econometrica, 2020 - Wiley Online Library
We exhibit a natural environment, social learning among heterogeneous agents, where
even slight misperceptions can have a large negative impact on long‐run learning …

Learning from shared news: When abundant information leads to belief polarization

TR Bowen, D Dmitriev, S Galperti - The Quarterly Journal of …, 2023 - academic.oup.com
We study learning via shared news. Each period agents receive the same quantity and
quality of firsthand information and can share it with friends. Some friends (possibly few) …

Belief convergence under misspecified learning: A martingale approach

M Frick, R Iijima, Y Ishii - The Review of Economic Studies, 2023 - academic.oup.com
We present an approach to analyse learning outcomes in a broad class of misspecified
environments, spanning both single-agent and social learning. We introduce a novel …

Evolutionarily stable (mis) specifications: Theory and applications

K He, J Libgober - arXiv preprint arXiv:2012.15007, 2020 - arxiv.org
Toward explaining the persistence of biased inferences, we propose a framework to
evaluate competing (mis) specifications in strategic settings. Agents with heterogeneous …

Learning dynamics in social networks

S Board, M Meyer‐ter‐Vehn - Econometrica, 2021 - Wiley Online Library
This paper proposes a tractable model of Bayesian learning on large random networks
where agents choose whether to adopt an innovation. We study the impact of the network …

Mislearning from censored data: The gambler's fallacy and other correlational mistakes in optimal‐stopping problems

K He - Theoretical Economics, 2022 - Wiley Online Library
I study endogenous learning dynamics for people who misperceive intertemporal
correlations in random sequences. Biased agents face an optimal‐stopping problem. They …

Sequential learning under informational ambiguity

JY Chen - Available at SSRN 3480231, 2019 - papers.ssrn.com
This paper studies a sequential social learning problem in which individuals face ambiguity
regarding other people's signal structures. It finds that ambiguity has a significant influence …

[PDF][PDF] Naive social learning, mislearning, and unlearning

T Gagnon-Bartsch, M Rabin - Unpublished paper, Department …, 2016 - scholar.harvard.edu
We study social learning in several natural, yet under-explored, environments among
people who naively think each predecessor's action reflects solely that person's private …

Learning from neighbours about a changing state

K Dasaratha, B Golub, N Hak - Review of Economic Studies, 2023 - academic.oup.com
Agents learn about a changing state using private signals and their neighbours' past
estimates of the state. We present a model in which Bayesian agents in equilibrium use …

A general analysis of boundedly rational learning in social networks

M Mueller‐Frank, C Neri - Theoretical Economics, 2021 - Wiley Online Library
We analyze boundedly rational learning in social networks within binary action
environments. We establish how learning outcomes depend on the environment (ie …