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An Entity of Type : http://linked.opendata.cz/ontology/domain/vavai/Vysledek, within Data Space : linked.opendata.cz associated with source document(s)

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Description
  • We present a two-stage coordination game in which early choices of experts with special interests are observed by followers who move in the second stage. We show that the equilibrium outcome is biased towards the experts’ interests even though followers know the distribution of expert interests. Expert influence is fully decentralised in the sense that each individual expert has a negligible impact. The bias in favour of experts results from a social learning effect that is multiplied through a coordination motive. We apply our results to the onset of social movements and to the diffusion of products with network externalities.
  • We present a two-stage coordination game in which early choices of experts with special interests are observed by followers who move in the second stage. We show that the equilibrium outcome is biased towards the experts’ interests even though followers know the distribution of expert interests. Expert influence is fully decentralised in the sense that each individual expert has a negligible impact. The bias in favour of experts results from a social learning effect that is multiplied through a coordination motive. We apply our results to the onset of social movements and to the diffusion of products with network externalities. (en)
Title
  • Influential opinion leaders
  • Influential opinion leaders (en)
skos:prefLabel
  • Influential opinion leaders
  • Influential opinion leaders (en)
skos:notation
  • RIV/00216208:11640/14:00439146!RIV15-MSM-11640___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • I, P(GA13-34759S)
http://linked.open...iv/cisloPeriodika
  • 581
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 21734
http://linked.open...ai/riv/idVysledku
  • RIV/00216208:11640/14:00439146
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • two-stage coordination game; equilibrium outcome; expert influence (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • GB - Spojené království Velké Británie a Severního Irska
http://linked.open...ontrolniKodProRIV
  • [7394F239B999]
http://linked.open...i/riv/nazevZdroje
  • Economic Journal
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...vavai/riv/projekt
http://linked.open...UplatneniVysledku
http://linked.open...v/svazekPeriodika
  • 124
http://linked.open...iv/tvurceVysledku
  • Steiner, Jakub
  • Stewart, C.
  • Loeper, A.
http://linked.open...ain/vavai/riv/wos
  • 000346068400001
issn
  • 0013-0133
number of pages
http://bibframe.org/vocab/doi
  • 10.1111/ecoj.12100
http://localhost/t...ganizacniJednotka
  • 11640
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