Information Cascades and Social Learning
收藏NBER2021-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28887
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资源简介：
Social learning is the updating of beliefs based on the observation of others. It can lead to efficient aggregation of information, but also to inaccurate decisions, fragility of mass behaviors, and, in the case of information cascades, to complete blockage of learning. We review the theory of
提供机构：
美国国家经济研究局
创建时间：
2021-06-01
