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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 private information. This study uses event-related...
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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 private information. This study uses event-related...
Persistent link: https://www.econbiz.de/10011861638
We test whether self-control causally affects investor behavior with the non-invasive brain stimulation. Subjects trade stocks in an experimental asset market while their levels of self-control are exogenously varied by applying weak currents stimulation to a control-related brain area. We...
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Purpose: To study how urban resident acts in making traveling decisions. Design/methodology/approach: Simple Genetic Algorithm (SGA) Findings: Using SGA to make the model of urban resident's decisions is rational. Research limitations/implications: This study is just about single one and the SGA...
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