Congested observational learning

DOI10.1016/J.GEB.2014.06.006MaRDI QIDQ485808zbMATHOpenAlexFDO

Authors Erik Eyster, Andrea Galeotti, Navin Kartik, Matthew Rabin

Publication date 14 January 2015

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL http://eprints.lse.ac.uk/58748/

zbMATH Keywords

queueingcongestioninformation aggregationsocial learning

Mathematics Subject Classification ID

Applications of game theory (91A80) Rationality and learning in game theory (91A26)

Recommendations

• Herding with costly information
• Social learning with coordination motives
• Pathological Outcomes of Observational Learning
• Observational learning in large anonymous games
• Sequential choice and non-Bayesian observational learning

Cites work

• Bandwagons and Momentum in Sequential Voting
• Bayesian learning in social networks
• Herd Behavior and Contagion in Financial Markets
• Herding and contrarian behavior in financial markets
• Herding and the winner's curse in markets with sequential bids
• Herding with collective preferences
• Information aggregation in financial markets with career concerns
• On the convergence of informational cascades
• Parimutuel betting under asymmetric information
• Pathological Outcomes of Observational Learning
• Social learning with private and common values
• Strategic experimentation in queues
• The Regulation of Queue Size by Levying Tolls
• To queue or not to queue: equilibrium behavior in queueing systems.

Cited in

(9)

• Learning with limited bandwidth and attention to others' learning
• On the role of responsiveness in rational herds
• Strategic experimentation in queues
• The implications of pricing on social learning
• Social learning with coordination motives
• Payoff externalities and social learning
• Observational learning in large anonymous games
• Pathological Outcomes of Observational Learning
• Sequential choice and non-Bayesian observational learning

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