Published May 23, 2021 | Version Submitted
Discussion Paper Open

Information Cascades and Social Learning

Abstract

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.

Additional Information

We thank the editor, Steven Durlauf; and three anonymous referees for very helpful comments.

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Submitted - 2105.11044.pdf

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2105.11044.pdf

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Eprint ID
115367
Resolver ID
CaltechAUTHORS:20220707-170537442

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Dates

Created
2022-07-07
Created from EPrint's datestamp field
Updated
2023-06-02
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Mathematics Department