Showing 1 - 2 of 2
Aggregation is commonly associated with loss of information. In contrast, this paper shows that aggregation can actually enhance information down-the-road by deterring information cascades. In particular, when hierarchical tiers forward only aggregate recommendations rather than nitty-gritty...
Persistent link: https://www.econbiz.de/10005694857
Persistent link: https://www.econbiz.de/10010714250