Taking the road less traveled by: Does conversation eradicate pernicious cascades?

DOI10.1016/J.JET.2011.03.010MaRDI QIDQ634513zbMATHOpenAlexFDO

Authors H. Henry Cao, Bing Han, David Hirshleifer

Publication date 16 August 2011

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jet.2011.03.010

zbMATH Keywords

information cascadeslong-run efficiencynetwork communications

Mathematics Subject Classification ID

Decision theory (91B06) Economics of information (91B44)

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Cites work

• scientific article; zbMATH DE number 3459616 (Why is no real title available?)
• Financial crises as herds: overturning the critiques
• Herd Behavior and Contagion in Financial Markets
• How Fast do Rational Agents Learn?
• Information Revelation and Strategic Delay in a Model of Investment
• Information aggregation in financial markets with career concerns
• Observational learning under imperfect information
• On the convergence of informational cascades
• Professional advice
• Sectoral Shocks, Learning, and Aggregate Fluctuations
• Self-Correcting Information Cascades
• Strategic Experimentation
• Word-of-Mouth Communication and Social Learning
• Word-of-mouth learning.

Cited in

(2)

• Interacting information cascades: on the movement of conventions between groups
• Information revelation through bunching

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