In a misspecified social learning setting, agents are condescending if they perceive their peers as having private information that is of lower quality than it is in reality. Applying this to a standard sequential model, we show that outcomes improve when agents are mildly condescending. In contrast, too much condescension leads to bad outcomes, as does anti-condescension.
翻译:在模型设定的社会学习情境中,若主体认为同伴拥有的私有信息质量低于实际水平,则其表现为居高临下。将此应用于标准序列模型中,我们证明当主体表现出适度居高临下态度时,结果会得到改善。相反,过度居高临下会导致不良结果,反居高临下亦是如此。