Learning in Networks

Sanjeev Goyal

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

We choose between alternatives without being fully informed about the rewards from different courses of action. In making our decisions, we use our own past experience and the experience of others. So the ways in which we interact - our social network - can influence our choices. These choices in turn influence the generation of new information and shape future choices. These considerations motivate a rich research programme on how social networks shape individual and collective learning. The present paper provides a summary of this research.

Original languageEnglish (US)
Title of host publicationHandbook of Social Economics
PublisherElsevier B.V.
Pages679-727
Number of pages49
Edition1 B
DOIs
StatePublished - 2011

Publication series

NameHandbook of Social Economics
Number1 B
Volume1
ISSN (Print)1570-6435

Keywords

  • Bandit arms
  • Networks
  • Social learning

ASJC Scopus subject areas

  • Sociology and Political Science
  • General Economics, Econometrics and Finance

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