Alevy, Jon, Michael Haigh, and John A. List. “Information Cascades: Evidence from a Field Experiment with Financial Market Professionals,” Journal of Finance, (2006), forthcoming
Information Cascades,信息层叠。这个术语最先我是在Shiller的非理性繁荣中看到的,虽然并非是他原创、虽然他也没有准确的数理化模型化,但是他举的那个例子还是给我留下了很深的印象:两家各方面都差不多的餐馆,一家人越来越多,而一家越来人越少。因为左右人们判断餐厅意识好坏的最有效的信息就是就餐人术本身。所以生意的好坏竟然完全取决于最初得就餐者随机的进入选择。
2、Information Cascades; Entry Written for the New Palgrave Dictionary of Economics
SUSHIL BIKHCHANDANI University of California, Los Angeles - Anderson School of Management DAVID A. HIRSHLEIFER The Paul Merage School of Business IVO WELCH Brown University - Department of Economics; National Bureau of Economic Research (NBER)
September 6, 2005
3、
Bikhchandani, Sushil. and Sunil Sharma, 2000."Herd behavior in Financial Markets", IMF Staff Papers, Washington, 279-310
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Information Cascades in Multi-Agent Models多重代理模型中的信息瀑布,Arthur De Vany, Cassey Lee,University of California