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You are here: Home / Archives for cognitive-science

cognitive-science

Informational Cascades, Network Theory, and Behavioral Economics

By Michael Feldstein. Posted on August 29, 2004

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Stephen Downes’ mention of my article on informational cascades (thanks for the plug, Stephen) led me to his post in the trdev discussion group. He writes: In network theory, ‘groupthink’ is an instance of what is known as a cascade phenomenon. A cascade occurs (all other things being equal) when the propogation of a property […]
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