Informational Contagion in the Laboratory

Informational Channels of Financial Contagion

Two main classes of channels have been studied as informational sources of financial contagion. One is a fundamental channel that is based on real and financial links between economies, and the second is a social learning channel that arises when agents base their decisions on noisy observations about the actions of agents in foreign markets. Using global games, I present a two country model of...

Distinguishing Informational Cascades from Herd Behavior in the Laboratory∗

This paper reports an experimental test of how individuals learn from the behavior of others. By using techniques only available in the laboratory, we elicit subjects’ beliefs. This allows us to distinguish informational cascades from herd behavior. By adding a setup with continuous signal and discrete action, we enrich the ball-and-urn observational learning experiments paradigm of Anderson an...

Can Social Contagion Help Global Health ‘Jump the Shark’?; Comment on “How to Facilitate Social Contagion?”

The instrumental use of social networks has become a central tenet of international health policy and advocacy since the Millennium project. In asking, ‘How to facilitate social contagion?’, Karl Blanchet of the London School of Hygiene and Tropical Medicine therefore reflects not only on the recent success, but also hints to growing challenges; the tactics of partnerships, alliances and platfo...

Institutions as Informational Crutches: Evidence from the Laboratory and the Field

the u.s. policy in central asia and its impact on the colored revolutions in the region (the case study of tulip revolution in kyrgyzstan)

چکیده ندارد.