Most real world situations that are susceptible to herding are also characterized by direct payoff externalities. Yet, the bulk of the theoretical and experimental literature on herding has focused on pure informational externalities. In this paper we experi- mentally investigate the effects of...

The rise in Internet usage among young people has seen a corresponding increase in international concern regarding their online safety. In February 2012, the OECD Council adopted a “Recommendation on the Protection of Children Online”. The Recommendation called for governments to support...