3 papers
econ.TH2026
Information Aggregation and Social Networks: Responsiveness and Overturning
Shinpei Noguchi, Hiroto Sato, Konan Shimizu
This paper studies how network structures affect the efficiency of information aggregation in social learning environments. We consider a model in which rational agents sequentiall…
econ.TH2026
Value of Information in Social Learning
Hiroto Sato, Konan Shimizu
This study extends Blackwell's (1953) comparison of information to a sequential social learning model in which agents make decisions sequentially based on both private signals and…
econ.TH2025
Value of History in Social Learning: Applications to Markets for History
Hiroto Sato, Konan Shimizu
In social learning environments, agents acquire information from both private signals and the observed actions of predecessors, referred to as history. We define the value of histo…