Fragility of information cascades: an experimental study using elicited beliefs

DOI10.1007/s10683-009-9232-xzbMath1231.91058OpenAlexW2096660776WikidataQ108109148 ScholiaQ108109148MaRDI QIDQ975363

Anthony Ziegelmeyer, Frédéric Koessler, Juergen Bracht, Eyal Winter

Publication date: 9 June 2010

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

Full work available at URL: https://doi.org/10.1007/s10683-009-9232-x

zbMATH Keywords

fragilityexperimental economicsinformation cascadesdepth-of-reasoning analysiselicited beliefs

Mathematics Subject Classification ID

Economics of information (91B44) Experimental studies (91A90)

Related Items (5)

Informational herding with model misspecification ⋮ First- and second-order subjective expectations in strategic decision-making: experimental evidence ⋮ Altruistic observational learning ⋮ Testing the level of consistency between choices and beliefs in games using eye-tracking ⋮ Information choice in a social learning experiment

Cites Work

• Belief elicitation in experiments: Is there a hedging problem?
• Quantal response equilibria for extensive form games
• Quantal response equilibria for normal form games
• Bayesian Learning in Social Networks
• A Truth Serum for Non-Bayesians: Correcting Proper Scoring Rules for Risk Attitudes
• Pathological Outcomes of Observational Learning
• Limited Depth of Reasoning and Failure of Cascade Formation in the Laboratory
• An Experimental Study of Belief Learning Using Elicited Beliefs
• Self-Correcting Information Cascades

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