The New Palgrave Dictionary of Economics

Living Edition
| Editors: Palgrave Macmillan

Information Cascade Experiments

  • Lisa Anderson
  • Charles A. Holt
Living reference work entry


Cascade experiments test the theory that conformity can result from individuals receiving private imperfect information and making public decisions in a sequence (see  Information Cascades).


Bayes’ rule Imitation Imperfect information Information cascade experiments Private information 

JEL Classifications

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Copyright information

© The Author(s) 2008

Authors and Affiliations

  • Lisa Anderson
    • 1
  • Charles A. Holt
    • 1
  1. 1.