Information Cascades in the Laboratory

Anderson, L. R., & Holt, C. A. (1997). Information Cascades in the Laboratory. American Economic Review, 87(5), 847-862.

Type

Journal article

Intellectual base

Primary research

Year

1997

Link

https://ideas.repec.org/a/aea/aecrev/v87y1997i5p847-62.html

Cited from

behavioral_economics, psychology

Cited by

2 citations across 2 artifacts.

Each citation links to the sentence it supports in the citing article.

Primes

• Conformity
  • "If we reordered who spoke first, would the consensus survive?"

    This sourceLaboratory subjects form rational cascades in 41 of 56 predicted cases, copying predecessors against their own private signals when public-signal weight dominates — supports the abstract-reasoning claim about lost private information. (AER has no DOI; linked to the authoritative AEA/RePEc record.) Live-verified.

• Information Cascade
  • When public choices dominate private signals, early choices lock in trajectories.

Verification

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Registry ID ref:6b8f1d45b0b6 · see in the full table