Social Learning with Endogenous Timing

Résumé

We analyze social learning in a model where the players choose optimally the timing of their choices. We show the existence of an asymptotically fully revealing equilibrium for games with large numbers of players and a vanishing time delay between decision instants. We relate this outcome to equilibria in variants of the game with different informational assumptions. (joint work with Daniel Hauser and Pauli Murto)