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econ.TH2022
The Impact of Connectivity on the Production and Diffusion of Knowledge
Gustavo Manso, Farzad Pourbabaee
We study a social bandit problem featuring production and diffusion of knowledge. While higher connectivity enhances knowledge diffusion, it may reduce knowledge production as agen…
econ.TH2022
Reputation, Learning and Project Choice in Frictional Economies
Farzad Pourbabaee
I introduce a dynamic model of learning and random meetings between a long-lived agent with unknown ability and heterogeneous projects with observable qualities. The outcomes of th…