OxTalks will soon move to the new Halo platform and will become 'Oxford Events.' There will be a need for an OxTalks freeze. This was previously planned for Friday 14th November – a new date will be shared as soon as it is available (full details will be available on the Staff Gateway).
In the meantime, the OxTalks site will remain active and events will continue to be published.
If staff have any questions about the Oxford Events launch, please contact halo@digital.ox.ac.uk
People gather information from their peers to improve their decisions in many situations. I investigate the impact of a communication friction on which social learning networks form and on the quality of information transferred over these networks. In my model, agents cannot perfectly communicate their beliefs because of agent-level idiosyncrasies in expression. Social context (knowing what information a peer receives from her peers) allows one to better understand these idiosyncrasies and so better understand their information. If agents have sufficient time to communicate, a directed cycle network allows all agents to learn all information in society despite the idiosyncrasies in expression. With more limited time to exchange information, agents must trade off the reach of their network (i.e., from how many agents they will receive some information) with the clarity of the announcements (i.e., how well they learn the signal of any one agent they observe). Social context acts as a substitute for familiarity and can result in novel non-monotonicities in overall welfare with varying underlying parameters.