Rational herds: economic models of social learning
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 bec...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge
Cambridge University Press
2004
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| Schlagworte: | |
| Online-Zugang: | BSB01 UBG01 Volltext |
| Zusammenfassung: | 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 |
| Beschreibung: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Beschreibung: | 1 online resource (xiv, 402 pages) |
| ISBN: | 9780511616372 |
| DOI: | 10.1017/CBO9780511616372 |
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Datensatz im Suchindex
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| author | Chamley, Christophe |
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| dewey-ones | 303 - Social processes |
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| dewey-search | 303.3/2 |
| dewey-sort | 3303.3 12 |
| dewey-tens | 300 - Social sciences |
| discipline | Rechtswissenschaft Soziologie Wirtschaftswissenschaften |
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| isbn | 9780511616372 |
| language | English |
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| spelling | Chamley, Christophe Verfasser aut Rational herds economic models of social learning Christophe P. Chamley Cambridge Cambridge University Press 2004 1 online resource (xiv, 402 pages) txt rdacontent c rdamedia cr rdacarrier 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 Mathematisches Modell Social learning Social learning / Mathematical models Decision making Collective behavior Kollektives Verhalten (DE-588)4130047-6 gnd rswk-swf Soziales Lernen (DE-588)4055760-1 gnd rswk-swf Mathematisches Modell (DE-588)4114528-8 gnd rswk-swf Soziales Lernen (DE-588)4055760-1 s Kollektives Verhalten (DE-588)4130047-6 s Mathematisches Modell (DE-588)4114528-8 s 1\p DE-604 Erscheint auch als Druckausgabe 978-0-521-53092-7 Erscheint auch als Druckausgabe 978-0-521-82401-9 https://doi.org/10.1017/CBO9780511616372 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Chamley, Christophe Rational herds economic models of social learning Mathematisches Modell Social learning Social learning / Mathematical models Decision making Collective behavior Kollektives Verhalten (DE-588)4130047-6 gnd Soziales Lernen (DE-588)4055760-1 gnd Mathematisches Modell (DE-588)4114528-8 gnd |
| subject_GND | (DE-588)4130047-6 (DE-588)4055760-1 (DE-588)4114528-8 |
| title | Rational herds economic models of social learning |
| title_auth | Rational herds economic models of social learning |
| title_exact_search | Rational herds economic models of social learning |
| title_full | Rational herds economic models of social learning Christophe P. Chamley |
| title_fullStr | Rational herds economic models of social learning Christophe P. Chamley |
| title_full_unstemmed | Rational herds economic models of social learning Christophe P. Chamley |
| title_short | Rational herds |
| title_sort | rational herds economic models of social learning |
| title_sub | economic models of social learning |
| topic | Mathematisches Modell Social learning Social learning / Mathematical models Decision making Collective behavior Kollektives Verhalten (DE-588)4130047-6 gnd Soziales Lernen (DE-588)4055760-1 gnd Mathematisches Modell (DE-588)4114528-8 gnd |
| topic_facet | Mathematisches Modell Social learning Social learning / Mathematical models Decision making Collective behavior Kollektives Verhalten Soziales Lernen |
| url | https://doi.org/10.1017/CBO9780511616372 |
| work_keys_str_mv | AT chamleychristophe rationalherdseconomicmodelsofsociallearning |