Social Learning from Private Experiences: The Dynamics of the Selection Problem

DOI10.1111/0034-6527.00291MaRDI QIDQ4823482zbMATH OpenOpenAlexFDO

Authors Charles F. Manski

Publication date 28 October 2004

Published in Review of Economic Studies (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/0034-6527.00291

zbMATH Keywords

cohorts of heterogeneous decision makerssequential reduction in ambiguity

Mathematics Subject Classification ID

Decision theory (91B06) Memory and learning in psychology (91E40)

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• Spread of costly prestige-seeking behavior by social learning
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