. -- Information cascades ; Laboratory experiments ; Naive herding …

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 …

; Mixed strategy ; Learning models ; Experiments …

experiments by a combination of selfishness and concerns for distributive justice. Most participants conform very well with the … therefore demonstrates that most participants' behaviour in dictator experiments can be explained by a combination of …

recover individual notions of distributive justice from data collected in appropriately designed experiments. "Dictator games … planner" experiments or experiments under a "veil of ignorance" (Rawls 1971) can be used to recover larger parts of the notion … necessarily incentive-compatible, and to recover a greater part of an individual's preference relation in dictator experiments …

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 …