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econ.TH2026
Rational Learning One Step Off the Path
Zihao Li, Minghao Pan
Which social norms are self-correcting under rational learning? We show that conduct sustained by false beliefs cannot persist if a single departure from prevailing behavior genera…
econ.TH2024
Network and timing effects in social learning
Wade Hann-Caruthers, Minghao Pan, Omer Tamuz
We consider a group of agents who can each take an irreversible costly action whose payoff depends on an unknown state. Agents learn about the state from private signals, as well a…