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The wisdom of the minority

Citations

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Cited by:

  1. Daron Acemoglu & Munther A. Dahleh & Ilan Lobel & Asuman Ozdaglar, 2011. "Bayesian Learning in Social Networks," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 78(4), pages 1201-1236.
  2. Senthil K. Veeraraghavan & Laurens G. Debo, 2011. "Herding in Queues with Waiting Costs: Rationality and Regret," Manufacturing & Service Operations Management, INFORMS, vol. 13(3), pages 329-346, July.
  3. Ignacio Monzón, 2017. "Aggregate Uncertainty Can Lead to Incorrect Herds," American Economic Journal: Microeconomics, American Economic Association, vol. 9(2), pages 295-314, May.
  4. Larson, Nathan, 2015. "Inertia in social learning from a summary statistic," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 596-626.
  5. Daron Acemoglu & Asuman Ozdaglar & Sarath Pattathil, 2023. "Learning, Diversity and Adaptation in Changing Environments: The Role of Weak Links," Papers 2305.00474, arXiv.org.
  6. Callander, Steven, 2008. "Majority rule when voters like to win," Games and Economic Behavior, Elsevier, vol. 64(2), pages 393-420, November.
  7. Gill, David & Sgroi, Daniel, 2012. "The optimal choice of pre-launch reviewer," Journal of Economic Theory, Elsevier, vol. 147(3), pages 1247-1260.
  8. Sushil Bikhchandani & David Hirshleifer & Omer Tamuz & Ivo Welch, 2021. "Information Cascades and Social Learning," Papers 2105.11044, arXiv.org.
  9. James C. D. Fisher & John Wooders, 2017. "Interacting information cascades: on the movement of conventions between groups," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(1), pages 211-231, January.
  10. Christoph Brunner & Jacob K. Goeree, 2009. "Wise crowds or wise minorities?," IEW - Working Papers 439, Institute for Empirical Research in Economics - University of Zurich.
  11. Monzón, Ignacio & Rapp, Michael, 2014. "Observational learning with position uncertainty," Journal of Economic Theory, Elsevier, vol. 154(C), pages 375-402.
  12. Wenjie Dai & Xin Wang & Zengru Di & Jinshan Wu, 2014. "Logical Gaps in the Approximate Solutions of the Social Learning Game and an Exact Solution," PLOS ONE, Public Library of Science, vol. 9(12), pages 1-18, December.
  13. Song, Yangbo & Zhang, Jiahua, 2020. "Social learning with coordination motives," Games and Economic Behavior, Elsevier, vol. 123(C), pages 81-100.
  14. Herrera, Helios & Hörner, Johannes, 2013. "Biased social learning," Games and Economic Behavior, Elsevier, vol. 80(C), pages 131-146.
  15. Saori CHIBA, 2018. "Hidden Profiles and Persuasion Cascades in Group Decision-Making," Discussion papers e-18-001, Graduate School of Economics , Kyoto University.
  16. Cripps, Martin W. & Thomas, Caroline D., 2019. "Strategic experimentation in queues," Theoretical Economics, Econometric Society, vol. 14(2), May.
  17. Sander Heinsalu, 2019. "Herding driven by the desire to differ," Papers 1904.00454, arXiv.org.
  18. Matan Harel & Elchanan Mossel & Philipp Strack & Omer Tamuz, 2021. "Rational Groupthink," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 136(1), pages 621-668.
    • Matan Harel & Elchanan Mossel & Philipp Strack & Omer Tamuz, 2014. "Rational Groupthink," Papers 1412.7172, arXiv.org, revised Jun 2020.
  19. Claudia Herresthal, 2015. "Inferring School Quality from Rankings: The Impact of School Choice," Economics Series Working Papers 747, University of Oxford, Department of Economics.
  20. Ge, Xin & Messinger, Paul R. & Lin, Yuanfang, 2019. "Gleaning inferences from soldout products," Journal of Retailing and Consumer Services, Elsevier, vol. 49(C), pages 173-185.
  21. Antonio Guarino & Antonella Ianni, 2010. "Bayesian Social Learning with Local Interactions," Games, MDPI, vol. 1(4), pages 1-21, October.
  22. Kutay Cingiz & János Flesch & P. Jean-Jacques Herings & Arkadi Predtetchinski, 2020. "Perfect information games where each player acts only once," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 69(4), pages 965-985, June.
  23. Song, Yangbo, 2016. "Social learning with endogenous observation," Journal of Economic Theory, Elsevier, vol. 166(C), pages 324-333.
  24. Zhang, Min, 2021. "Non-monotone social learning," Journal of Economic Behavior & Organization, Elsevier, vol. 185(C), pages 565-579.
  25. Vincent Mak & Rami Zwick, 2014. "Experimenting and learning with localized direct communication," Experimental Economics, Springer;Economic Science Association, vol. 17(2), pages 262-284, June.
  26. Parakhonyak, Alexei & Vikander, Nick, 2023. "Information design through scarcity and social learning," Journal of Economic Theory, Elsevier, vol. 207(C).
  27. Herresthal, C., 2017. "Performance-Based Rankings and School Quality," Cambridge Working Papers in Economics 1754, Faculty of Economics, University of Cambridge.
  28. De Moragas, Antoni-Italo, 2020. "When consensus hurts: experts' advice and electoral support," MPRA Paper 114800, University Library of Munich, Germany.
  29. Alexei Parakhonyak & Nick Vikander, 2016. "Inducing Herding with Capacity Constraints," Economics Series Working Papers 808, University of Oxford, Department of Economics.
  30. Lu Xiao & Hang Zhang & Yong Qin, 2020. "Competitive Pricing of Innovative Products with Consumers’ Social Learning," Sustainability, MDPI, vol. 12(9), pages 1-13, May.
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