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Rational herds : = economic models of social learning /
紀錄類型:
書目-語言資料,印刷品 : Monograph/item
正題名/作者:
Rational herds :/ Christophe P. Chamley.
其他題名:
economic models of social learning /
作者:
Chamley, Christophe,
面頁冊數:
1 online resource (xiv, 402 pages) :digital, PDF file(s). :
附註:
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
標題:
Collective behavior. -
電子資源:
https://doi.org/10.1017/CBO9780511616372
ISBN:
9780511616372 (ebook)
Rational herds : = economic models of social learning /
Chamley, Christophe,
Rational herds :
economic models of social learning /Christophe P. Chamley. - 1 online resource (xiv, 402 pages) :digital, PDF file(s).
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Penguins jumping off a cliff, economic forecasters and financial advisors speculating against a currency, and farmers using traditional methods in India are all practising social learning. Such learning from the behavior of others may and does lead to herds, crashes, and booms. These issues have become, over the last ten years, an exciting field of research in theoretical and applied economics, finance, and in other social sciences. This book provides both an informal introduction and in-depth insights into the subject. Each chapter is devoted to a separate issue: individuals learn from the observations of actions, the outcomes of these actions, and from what others say. They may delay or make an immediate decision; they may compete against others or gain from cooperation; they make decisions about investment, crop choices, and financial investments. The book highlights the similarities and the differences between the various cases.
ISBN: 9780511616372 (ebook)Subjects--Topical Terms:
560507
Collective behavior.
LC Class. No.: HQ783 / .C47 2004
Dewey Class. No.: 303.3/2
Rational herds : = economic models of social learning /
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