Munich Personal RePEc Archive

Information Cascades and Social Learning

Bikhchandani, Sushil and Hirshleifer, David and Tamuz, Omer and Welch, Ivo (2021): Information Cascades and Social Learning.

[thumbnail of MPRA_paper_107927.pdf]

Download (892kB) | Preview


We review the theory of information cascades and social learning. Our goal is to describe in a relatively integrated and accessible way the more important themes, insights and applications of the literature as it has developed over the last thirty years. We also highlight open questions and promising directions for further theoretical and empirical exploration.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.