http://nsdl.library.cornell.edu/websites/expertvoices/info2040/archives/2078 This is a supplemental blog for a course which will cover how the social, technological, and natural worlds are connected, and how the study of networks sheds light on these connections. Fri, 08 Mar 2013 14:27:45 +0000 http://wordpress.org/?v=2.3.3 http://nsdl.library.cornell.edu/websites/expertvoices/info2040/archives/2078#comment-1343 Cornell Info 204 Digest » Blog Archive » YAIC (Yet Another Information Cascade) Mon, 16 Apr 2007 07:14:32 +0000 http://nsdl.library.cornell.edu/websites/expertvoices/info2040/archives/2078#comment-1343 [...] Blogger kiisska gave an excellent insight about Stephen J. Dubner’s blogpost Herd Mentality? The Freakonomics of Boarding a Bus and examples of information cascade abundant in everyday situations. kiisska well explained how and why bus riders wait in the long line at the overcrowded bus stop while there is a way to overcome the situation and brought up particularly interesting points “the personal benefit of not being responsible for the losses caused by following the herd,” and “the equilibrium solution to these real life information cascades.” [...] […] Blogger kiisska gave an excellent insight about Stephen J. Dubner’s blogpost Herd Mentality? The Freakonomics of Boarding a Bus and examples of information cascade abundant in everyday situations. kiisska well explained how and why bus riders wait in the long line at the overcrowded bus stop while there is a way to overcome the situation and brought up particularly interesting points “the personal benefit of not being responsible for the losses caused by following the herd,” and “the equilibrium solution to these real life information cascades.” […]

]]> http://nsdl.library.cornell.edu/websites/expertvoices/info2040/archives/2078#comment-1342 Herd Mentality and Information Cascades in the… Mon, 09 Apr 2007 08:19:19 +0000 http://nsdl.library.cornell.edu/websites/expertvoices/info2040/archives/2078#comment-1342 [...] Herd Mentality and Information Cascades in the… [...] […] Herd Mentality and Information Cascades in the… […]

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