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Limited Depth of Reasoning and Failure of Cascade Formation in the Laboratory
16 references·3 citing·43 second hop
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References

  • 1992A Simple Model of Herd Behavior6,511 cited
  • 1995Quantal Response Equilibria for Normal Form Games2,553 cited
  • 1998Learning from the Behavior of Others: Conformity, Fads, and Informational Cascades1,916 cited
  • 2000Risk Aversion and Expected-utility Theory: A Calibration Theorem1,623 cited
  • 1995On Players′ Models of Other Players: Theory and Experimental Evidence1,133 cited
  • 2001Cognition and Behavior in Normal-Form Games: An Experimental Study815 cited
  • 2013Risk aversion and expected-utility theory: A calibration theorem692 cited
  • 1994Experimental evidence on players' models of other players683 cited
  • 1996Iterated Dominance and Iterated Best-Response in Experimental P-Beauty Contests474 cited
  • 1997Information Cascades in the Laboratory459 cited
  • 2002Quantal Response Equilibrium and Overbidding in Private-Value Auctions406 cited
  • 2001Information Cascades: Replication and an Extension to Majority Rule and Conformity-Rewarding Institutions292 cited
  • 1998Quantal response equilibria for extensive form games211 cited
  • 2003A model of noisy introspection194 cited
  • 1999Cognition and Behavior in Normal-Form Games: An Experimental Study

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185 cited
  • 2002Information Aggregation with Random Ordering: Cascades and Overconfidence108 cited
  • Cited by

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    • 2019Experiments in macroeconomics: methods and applications12 cited