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self-reversal x Microeconomics x clear all

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Overview page. Subjects: Earth Sciences and Geography.

The ability of certain ferromagnetic materials to acquire a thermal remanence in the opposite direction to the ambient magnetic field. Usually this requires the interaction of two or more...

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Self-Correcting Information Cascades

Jacob K. Goeree, Thomas R. Palfrey, Brian W. Rogers and Richard D. McKelvey.

in The Review of Economic Studies

July 2007; p ublished online July 2007 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy. 14523 words.

We report experimental results from long sequences of decisions in environments that are theoretically prone to severe information cascades. Observed behaviour is much different—information...

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