Beliefs in Decision-Making Cascades

23 Nov 2018Daewon SeoRavi Kiran RamanJoong Bum RhimVivek K GoyalLav R Varshney

This work explores a social learning problem with agents having nonidentical noise variances and mismatched beliefs. We consider an $N$-agent binary hypothesis test in which each agent sequentially makes a decision based not only on a private observation, but also on preceding agents' decisions... (read more)

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