An investigation on the influence of friends in information cascade - experimental evidence in laboratories.

• Main Authors: Lim, Wei Jie., Yap, Wan Yi., Yeo, Yee Teng.
• 其他作者: School of Humanities and Social Sciences
• 格式: Final Year Project
• 語言: English
• 出版: 2013
• 主題: DRNTU::Humanities
• 在線閱讀: http://hdl.handle.net/10356/52107
• 機構: Nanyang Technological University

This paper examines the impact of relationships on the occurrence of cascade outcome by conducting the ball and urn experiment on the Friend treatment and Stranger treatment under laboratory conditions. By implementing the standard BHW model which argues information cascading using Bayes’ rule and b...