The role of externalities and information aggregation in market collapse

DOI10.1007/s00199-006-0158-7zbMath1142.91030OpenAlexW1963519478MaRDI QIDQ926199

Hikmet Gunay

Publication date: 26 May 2008

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

Full work available at URL: https://doi.org/10.1007/s00199-006-0158-7

zbMATH Keywords

Optimal stoppingExperimentationCoordination avalancheInformation aggregationSocial (observational) learningStrategic delay (waiting)

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (3)

Social learning and delay in a dynamic model of price competition ⋮ Dynamics of SC-CNN Based Variant of MLC Circuit: An Experimental Study ⋮ Rational exaggeration and counter-exaggeration in information aggregation games

Cites Work

• Unnamed Item
• Equilibrium delay in a simple dynamic model of investment
• Equilibria in a dynamic global game: the role of cohort effects
• Information Revelation and Strategic Delay in a Model of Investment
• Experimentation in Markets
• Strategic Experimentation with Exponential Bandits

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