Abstract
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).
This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume
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Anderson, L., Holt, C.A. (2008). Information Cascade Experiments. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_2199-1
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DOI: https://doi.org/10.1057/978-1-349-95121-5_2199-1
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Publisher Name: Palgrave Macmillan, London
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