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Do we follow private information when we should? : laboratory evidence on naϊve herding
March, Christoph; Krügel, Sebastian; Ziegelmeyer, Anthony - 2012
. -- Information cascades ; Laboratory experiments ; Naive herding …
Persistent link: https://www.econbiz.de/10009487805
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Fragility of information cascades : an experimental study using elicited beliefs
Koessler, Frédéric; Ziegelmeyer, Anthony; Bracht, Juergen - 2008
This paper examines the occurrence and fragility of information cascades in laboratory experiments. One group of low … private information. In line with existing experiments on information cascades, we find some evidence that low informed …
Persistent link: https://www.econbiz.de/10003803102
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Behavioral social learning
March, Christoph; Ziegelmeyer, Anthony - 2009
We revisit the economic models of social learning by assuming that individuals update their beliefs in a non-Bayesian way. Individuals either overweigh or underweigh (in Bayesian terms) their private information relative to the public information revealed by the decisions of others and each...
Persistent link: https://www.econbiz.de/10003924223
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"Do we follow others when we should? : a simple test of rational expectations" ; comment
Ziegelmeyer, Anthony; March, Christoph; Krügel, Sebastian - 2012
learning in information cascade experiments. He concludes that participants perform poorly when learning from others and that … rejected, but we measure a much larger success of social learning. -- Information Cascades ; Laboratory Experiments ; Quantal …
Persistent link: https://www.econbiz.de/10009500719