payoffs

Social Learning in Social Networks

MIT Sloan Publications  Mon, 11/30/2009 - 11:50

This paper analyzes a model of social learning in a social network. Agents decide whether or not to adopt a new technology with unknown payoffs based on their prior beliefs and the experiences of their neighbors in the network.


 

Olympics aren't necessarily an economic bonanza

Newsvine - business  Sat, 10/03/2009 - 11:13

Big sporting events have big budgets. Depending whom you ask, they have big payoffs, too.