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On the role of responsiveness in rational herds

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Publication:1787283
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DOI10.1016/j.econlet.2017.11.029zbMath1397.91538OpenAlexW2773045799MaRDI QIDQ1787283

Yanyan Li

Publication date: 5 October 2018

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2017.11.029


zbMATH Keywords

social learningobservational learningherdingresponsiveness


Mathematics Subject Classification ID

Memory and learning in psychology (91E40)


Related Items (2)

Altruistic observational learning ⋮ Herding with costly information



Cites Work

  • Congested observational learning
  • Inferring beliefs from actions
  • Informational cascades with continuous action spaces
  • On the convergence of informational cascades
  • Financial crises as herds: overturning the critiques
  • Payoff externalities and social learning
  • Social learning with private and common values
  • A Mechanism for Eliciting Probabilities
  • Pathological Outcomes of Observational Learning
  • Extensive Imitation is Irrational and Harmful*
  • Optimal Learning by Experimentation
  • How Fast do Rational Agents Learn?
  • Elicitation of Personal Probabilities and Expectations


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