Consensus and Disagreement: Information Aggregation under (Not So) Naive Learning
本摘要源自该文的 NBER 工作论文版（2022），正式发表版可能有调整。
We explore a model of non-Bayesian information aggregation in networks.Agents noncooperatively choose among Friedkin-Johnsen type aggregation rules to maximize payoffs.The DeGroot rule is chosen in equilibrium if and only if there is noiseless information transmission, leading to consensus.With noisy transmission, while some disagreement is inevitable, the optimal choice of rule amplifies the disagreement: even with little noise, individuals place substantial weight on their own initial opinion in every period, exacerbating the disagreement.We use this framework to think about equilibrium versus socially efficient choice of rules and its connection to polarization of opinions across groups.