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Pol Rodríguez Farrés

Publications and source records attributed to Pol Rodríguez Farrés.

2 recordsLinked to original sources

Contagious Misinterpretations: Social Learning with Shared Interpretations

When people discuss which of several hypotheses is true, they share not only their beliefs but also their interpretation of each one, that is, the distribution of signals each hypothesis is expected to produce. This interpretation is an opinion about what each hypothesis means and what evidence it predicts, and it is revised only through conversation, not by confronting it with the observed data. Standard non-Bayesian social learning captures only belief-sharing and keeps the likelihoods private. We study what happens when agents share both beliefs and likelihoods under static networks. We show that interpretations converge geometrically to a common reading shaped by the most influential agents. Then, beliefs concentrate, almost surely and at an exponential rate, on the hypothesis that, under this consensus interpretation, best explains the signals privately observed by all agents taken together. As a result, sharing interpretations can lead a population to adopt, unanimously and confidently, a hypothesis it would have rejected if it had shared only beliefs. Whether this helps or hurts when a true hypothesis exists depends on how accurately agents initially read the data they observe. When every agent initially interprets the true hypothesis exactly as the data it would observe, sharing interpretations cannot strictly improve learning and can strictly harm it when agents observe different data distributions. When interpretations are logically coherent and some agents misread their own data, sharing can either rescue the population, leading it to learn the true hypothesis, if an accurate reading dominates the interpretation network, or corrupt it, leading it to a wrong hypothesis, if a misreading one does.

cs.SI↗

Non-Bayesian Social Learning with Heterogeneous and Time-Varying Aggregation Rules

People constantly form opinions by combining what they observe with what friends, collegues, and communities tell them. Following this idea, this article generalizes earlier results in Non-Bayesian social learning on strongly connected social networks, where agents repeatedly update their beliefs by combining their own private signals with the beliefs of their neighbors. Previous work assumed that every agent aggregates information in the same way and often does not change in time, assuming agents never change how they reason and listen to others. We show that agents' beliefs still converge almost surely to the true state when agents use heterogeneous and time-varying (non-stochastic) aggregation rules under certain conditions. That is, even when people change their way to aggregate others opinions, the community can still reach the truth as long as information flows among its members. We also provide convergence rate results under this scenario and show that, for some of these functions, it is at least equal to the best convergence rate we have found in the literature. We present the widely used aggregation functions in the Constant Elasticity of Substitution (CES) family as a specific case of our general model, which include rules such as the log-linear, DeGroot, and the harmonic rules, and provide a simple illustrative example to show the capabilities of the model.

cs.SI↗