000			00964nam a22001457a 4500
999			_c515642 _d515642
008			210203b ||||| |||| 00| 0 eng d
100			_aHerskovic, Bernard and Ramos, Joao _924069
245			_aAcquiring information through peers
260			_aThe American Economic Review
300			_a110(7), Jul, 2020: p.2128-2152
520			_aWe develop an endogenous network formation model, in which agents form connections to acquire information. Our model features complementarity in actions as agents care not only about accuracy of their decision-making but also about the actions of other agents. In equilibrium, the information structure is a hierarchical network, and, under weakly convex cost of forming links, the equilibrium network is core-periphery. Although agents are ex ante identical, there is ex post heterogeneity in payoffs and actions. – Reproduced
773			_aThe American Economic Review
906			_aINFORMATION TECHNOLOGY
942			_cAR