Showing 1 - 10 of 2,773
The recent nonexperimental literature on social learning focuses on showing that observational learning exists, that is, individuals do indeed draw inferences by observing the actions of others. We take this literature a step further by analyzing whether individuals are Bayesian social learners....
Persistent link: https://www.econbiz.de/10010287163
Persistent link: https://www.econbiz.de/10010258927
Persistent link: https://www.econbiz.de/10011962536
truthfully reveal type. In the standard herding model, the agents learn from each other`s decisions, which can lead to cascades …
Persistent link: https://www.econbiz.de/10005051146
We extend the experimental literature on Bayesian herding using evidence from a financial decision-making experiment …. We identify significant propensities to herd increasing with the degree of herd-consensus. We test various herding models … significant associations between herding and individual characteristics such as age and personality traits. Overall, our evidence …
Persistent link: https://www.econbiz.de/10005113886
Persistent link: https://www.econbiz.de/10011562875
Persistent link: https://www.econbiz.de/10012000679
Persistent link: https://www.econbiz.de/10012113436
Persistent link: https://www.econbiz.de/10011734911
Persistent link: https://www.econbiz.de/10015047765