Template-type: ReDIF-Paper 1.0
Author-Name: Haydée Lugo

Author-Email: hlugo@ccee.ucm.es
Author-Person: plu129
Author-Workplace-Name: Departamento de Fundamentos del Análisis Económico II (Economía Cuantitativa) (Department 
	of Foundations of Economic Analysis II (Quantitative Economics)), Facultad de Ciencias Económicas y Empresariales 
	(Faculty of Economics and Business), Universidad Complutense de Madrid (Complutense University of Madrid)
Author-Workplace-Homepage:
 https://www.ucm.es/quantitative-economics
Author-Name: Maxi San Miguel
Author-Email: maxi@ifisc.uib.es
Author-Workplace-Name: IFISC (CSIC-UIB), Campus Universitat de les Illes Balears, 07122 Palma de Mallorca, Spain 
Title: Learning and coordinating in a multilayer network
Abstract: We introduce a two layer network model for social coordination incorporating two relevant ingredients: 
	a) different networks of interaction to learn and to obtain a pay-off, and b) decision making processes 
	based both on social and strategic motivations. Two populations of agents are distributed in two layers 
	with intralayer learning processes and playing interlayer a coordination game. We find that the skepticism 
	about the wisdom of crowd and the local connectivity are the driving forces to accomplish full coordination 
	of the two populations, while polarized coordinated layers are only possible for all-to-all interactions. 
	Local interactions also allow for full coordination in the socially efficient Pareto-dominant strategy in 
	spite of being the riskier one.
Classification-JEL: D69, D79, C63.
Keywords:  Doubt-based decisions, Coordination games, Multilayer network.
Length: 14 pages
Creation-Date: 2014
Number: 2014-30 
X-File-Ref: http://america.sim.ucm.es/repec/ucm/ref/doicae1430.txt
File-URL: https://eprints.ucm.es/id/eprint/27354/1/1430.pdf
File-Format: Application/pdf
Handle: RePEc:ucm:doicae:1430