Sushil Bikhchandani,omer tamuz,ivo welch, David Hirshleifer Jul 11,2023
Working Paper No.00104-00
We review the theory of information cascades and social learning. Our goal is to describe in a relatively integrated and... Read More
Garud Iyengar,Jay Sethuraman,Wenjun Wang, Fahad Saleh Jun 30,2022
Working Paper No.00079-00
We examine a supply chain with a single risk-averse manufacturer who purchases from vendors and sells to consumers. Within this... Read More
Alice Hsiaw, Ing-Haw Cheng Nov 14,2022
Working Paper No.00047-01
Why do individuals interpret the same information differently? We propose that individuals follow Bayes' Rule when forming posteriors with one exception:... Read More