Conversations among Competitors

  title={Conversations among Competitors},
  author={Robert J. Shiller and Jeremy C. Stein},
Conversation is a central part of economic life. A wide range of information gets passed from one person to another via word-of-mouth communication, and a number of authors argue that the nature of connections between people—i.e., the structure of social networks—can have a profound influence on how far and how efficiently information spreads across the… CONTINUE READING