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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 … associated with information cascade during sequential decision-making. In our experiment, a participant receives a private signal …
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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 … associated with information cascade during sequential decision-making. In our experiment, a participant receives a private signal …
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to decide how many pieces of information they wanted to purchase non-sequentially in order to make a decision under …
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Whether it is the inter-arrival time between two consecutive votes on a story on Reddit or the comments on a video shared on Youtube, there is always a hierarchy of time scales in information propagation. One vote/comment might occur almost simultaneously with the previous, whereas another...
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