4 papers · 1 filter
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…
Individual and Collective Welfare in Risk Sharing with Many States
Federico Echenique, Farzad Pourbabaee
We study efficient risk sharing among risk-averse agents in an economy with a large, finite number of states. Following a random shock to an initial agreement, agents may renegotia…
Binary Mechanisms under Privacy-Preserving Noise
Farzad Pourbabaee, Federico Echenique
We study mechanism design for public-good provision under a noisy privacy-preserving transformation of individual agents' reported preferences. The setting is a standard binary mod…
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…