4 papers · 1 filter
Attention and Social Learning
Krishna Dasaratha, Kevin He
In an incentivized laboratory experiment, we study how people account for and respond to others' incentives for paying attention. Participants learn a binary state from an attentio…
Learning from Viral Information
Krishna Dasaratha, Kevin He
Motivated by social media, we study an equilibrium model of agents interacting with and learning from each other's signals. Rational agents arrive sequentially, observe a signal (c…
Aggregative Efficiency of Bayesian Learning in Networks
Krishna Dasaratha, Kevin He
When individuals in a social network learn about an unknown state from private signals and neighbors' actions, the network structure often causes information loss. We consider rati…
Optimal Bailouts in Diversified Financial Networks
Krishna Dasaratha, Santosh Venkatesh, Rakesh Vohra
Widespread default involves substantial deadweight costs which could be countered by injecting capital into failing firms. Injections have positive spillovers that can trigger a re…