Conformism and diversity under social learning

被引：64

作者：

Bala, V

Goyal, S

机构：

[1] McGill Univ, Dept Econ, Montreal, PQ H3A 2T7, Canada

[2] Erasmus Univ, Econometr Inst, NL-3000 DR Rotterdam, Netherlands

来源：

ECONOMIC THEORY | 2001年 / 17卷 / 01期

关键词：

social learning; local interactions; conformism/diversity; networks;

D O I：

10.1007/PL00004094

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

When there are competing technologies or products with unknown payoffs an important question is which technology will prevail and whether technologies with different payoffs can coexist in the long run. In this paper. we use a social learning model with local interactions to study this question. We show that the adoption of technologies as well as the prospects of conformism/diversity depend crucially on the nature of interaction between individuals and the heterogeneity of preferences in a society.

引用

页码：101 / 120

页数：20

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