أعرض تسجيلة المادة بشكل مبسط

dc.creator Fiore, Annamaria
dc.creator Morone, Andrea
dc.date 2007
dc.date.accessioned 2013-10-16T06:57:30Z
dc.date.available 2013-10-16T06:57:30Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/17944
dc.identifier ppn:55820497X
dc.identifier RePEc:zbw:ifwedp:5568
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/17944
dc.description Seminal models of herd behaviour and informational cascades point out existence of negative information externalities, and propose to ?destroy? information in order to achieve social improvements. Although in the last years many features of herd behaviour and informational cascades have been studied, this particular aspect has never been extensively analysed. In this article we try to fill this gap, investigating both theoretically and experimentally whether and to which extent destroying information can improve welfare. Our empirical results show that this decisional mechanism actually leads to a behaviour more consistent with the theory that in turn produces the predicted efficiency gain.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Economics Discussion Papers / Institut für Weltwirtschaft 2007-21
dc.rights http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
dc.subject C91
dc.subject D62
dc.subject ddc:330
dc.subject Informational cascades
dc.subject information externality
dc.subject individual decision making
dc.subject experiment
dc.title A Simple Note on Informational Cascades
dc.type doc-type:workingPaper


الملفات في هذه المادة

الملفات الحجم الصيغة عرض

لا توجد أي ملفات مرتبطة بهذه المادة.

هذه المادة تبدو في المجموعات التالية:

أعرض تسجيلة المادة بشكل مبسط