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Persistent link: https://www.econbiz.de/10009575227
When a sequence of decision makers with private information announce public predictions, initial conformity can create an information cascade in which all future decision makers will rationally match the early announcements and disregard private information. This study uses event-related...
Persistent link: https://www.econbiz.de/10011861638
When a sequence of decision makers with private information announce public predictions, initial conformity can create an information cascade in which all future decision makers will rationally match the early announcements and disregard private information. This study uses event-related...
Persistent link: https://www.econbiz.de/10011866616
Persistent link: https://www.econbiz.de/10014393057