Word-of-mouth learning

By Abhijit Banerjee, Drew Fudenberg. Games Econ. Behav., 2004

451 citations recorded by the source corpus.

Subfields: Management Science and Operations Research, Safety Research

View Paper: https://www.semanticscholar.org/paper/acb4a5a29329486a564bbbf30b7483416181c99e

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Citations in the corpus

Peer performance and stock market entry (2012, unknown): “Economic theorists have extensively modeled outcome-based social learning (Ellison and Fudenberg 1993, 1995; McFadden and Train 1996; Persons and Warther 1997; Banerjee and Fudenberg 2004; Cao, Han, and Hirshleifer 2009).”
Culture as Learning: The Evolution of Female Labor Force Participation Over a Century (2013, unknown): “…we assume that women observe a noisy signal of !t, yt, where yt ( ; t) = !t ( ; t) + t (17) 21An alternative assumption, pursued in Fernández and Potamites (2007), is that agents know the work behavior of a small number of other women in their social circle (as in Banerjee and Fudenberg (2004)).”
Naïve Learning in Social Networks and the Wisdom of Crowds (2010, background): “…David Hirshleifer, and Ivo Welch 1992; Glenn Ellison and Drew Fudenberg 1993, 1995; Gale and Kariv 2003, Bo˘ gaçhan Çelen and Kariv 2004; and Banerjee and Fudenberg 2004) are prime examples, and there agents converge to holding the same belief or at least the same judgment as to an optimal…”
Rational Social Learning by Random Sampling (2013, unknown): “Our version of this result is essentially a stochastic analogue to the deterministic Lemma 1 in Banerjee and Fudenberg (2004) — conceding other model differences.”
Opinion dynamics in social networks with stubborn agents: Equilibrium and convergence rate (2014, unknown): “Key words: Multi-agent systems, Markov models, Equilibrium, Eigenvalues”
Information Percolation in Large Markets (2007, background): “For example, our objectives are similar to those of Banerjee and Fudenberg (2004), who provide a brief survey of the literature.”
Opinion Fluctuations and Disagreement in Social Networks (2010, unknown): “Existing models of communication and learning, based on Bayesian or non-Bayesian updating mechanisms, typically lead to consensus provided that communication takes place over a strongly connected network (e.g., Smith and Sorensen [46], Banerjee and Fudenberg [7], Acemoglu, Dahleh, Lobel and Ozdaglar”
Information Percolation (2008, background): “Banerjee and Fudenberg (2004) study information percolation in a social learning context.”
Cultural Change as Learning: The Evolution of Female Labor Force Participation over a Century (2011, background): “An alternative assumption is that agents know the work behavior of a small number of other women in their social circle (as in Banerjee and Fudenberg (2004)) which is imperfectly correlated with that of other social circles.”