Herding with costly information

DOI10.1016/j.jet.2018.02.009zbMath1422.91457OpenAlexW2792920103WikidataQ130085153 ScholiaQ130085153MaRDI QIDQ1753717

S. Nageeb Ali

Publication date: 29 May 2018

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2018.02.009

zbMATH Keywords

social learninginformation acquisitionherdingresponsiveness

Mathematics Subject Classification ID

Economics of information (91B44) Rationality and learning in game theory (91A26)

Related Items (3)

Two-dimensional information acquisition in social learning ⋮ Strategic investment evaluation ⋮ Bayesian Decision Making in Groups is Hard

Cites Work

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• Intrinsic preference for information
• On the convergence of informational cascades
• Learning from others: A welfare analysis
• Financial crises as herds: overturning the critiques
• On the role of responsiveness in rational herds
• Social learning and costly information acquisition
• Learning Self-Control *
• Controlling a Stochastic Process with Unknown Parameters
• Pathological Outcomes of Observational Learning
• The Optimal Level of Experimentation
• Extensive Imitation is Irrational and Harmful*
• Informational Herding, Optimal Experimentation, and Contrarianism
• Optimal Learning by Experimentation
• Foundations of a General Theory of Sequential Decision Functions
• Equivalent Comparisons of Experiments

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