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Non-monotone social learning
Journal of Economic Behavior & Organization ( IF 2.3 ) Pub Date : 2021-03-26 , DOI: 10.1016/j.jebo.2021.03.009
Min Zhang

We revisit the canonical binary-state model of social learning to investigate the possibility of non-monotone learning: ceteris paribus, with some predecessor(s) switching to actions that reveal greater confidence in one state of the world, agents nevertheless become more confident in the other. A necessary and sufficient condition for non-monotone learning is provided in an illustrative setting where agents are either uninformed or partially informed by binary private signals. In a general setting with continuous private signals, we obtain a sufficient condition for non-monotone learning that does not rely on the shape of the underlying information structures apart from a couple of simple boundary requirements. As a result, a social learning process that completes eventually can be well approximated in a way such that non-monotone learning and anti-imitation are bound to happen.



中文翻译:

非单调的社会学习

我们重新审视社会学习的标准二元状态模型,以研究非单调学习的可能性:ceteris paribus,随着某些前任采取行动以显示对世界一种状态的更大信心,行动者仍然对另一种状态变得更加自信。在说明性环境中提供了非单调学习的必要和充分条件,在这种情况下,代理不知情或部分被二进制私有信号告知。在具有连续私人信号的一般设置中,我们获得了非单调学习的充分条件,该条件不依赖于基础信息结构的形状,而没有几个简单的边界要求。结果,最终完成的社会学习过程可以以一定方式近似实现,从而必然会发生非单调学习和反模仿。

更新日期:2021-03-27
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