A new conformity effect in a beauty-contest game set in a complex environment biases groups toward exploration or status-quo based on interaction networks, allowing decentralized organizations to reach profit maximization.
" * write output.state after.block = add.period write newline
2 Pith papers cite this work. Polarity classification is still indexing.
2
Pith papers citing it
fields
econ.TH 2verdicts
UNVERDICTED 2representative citing papers
The paper establishes an equivalence between experiments and Kolotilin-style persuasion mechanisms when the receiver has costly attention and supermodular utility in information and effort, with optimal strategies censoring favorable states.
citing papers explorer
-
Coordination in complex environments
A new conformity effect in a beauty-contest game set in a complex environment biases groups toward exploration or status-quo based on interaction networks, allowing decentralized organizations to reach profit maximization.