Could you elaborate more on whether or not you think that the monetary aspect of India's demonetization either complicates or helps the development of your model? It seems intuitive that there is the concept of ''payoffs'' and ''incentives'' involved during social interaction and, further, social learning. I am interested in how you thought through this process.
Thank you for your presentation!
Could you elaborate more on whether or not you think that the monetary aspect of India's demonetization either complicates or helps the development of your model? It seems intuitive that there is the concept of ''payoffs'' and ''incentives'' involved during social interaction and, further, social learning. I am interested in how you thought through this process.
Thank you!