skip to main content
Language:
Search Limited to: Search Limited to: Resource type Show Results with: Show Results with: Search type Index

Rational Herds: Economic Models of Social Learning

Christophe P. Chamley 2004 ;ISBN: 9780521530927 ;ISBN: 052153092X ;ISBN: 052182401X ;ISBN: 9780521824019 ;EISBN: 0511616376 ;EISBN: 9780511616372 ;EISBN: 0511164025 ;EISBN: 9780511164026 ;EISBN: 9781107146365 ;EISBN: 1107146364 ;DOI: 10.1017/CBO9780511616372 ;OCLC: 437163516

Full text available

Citations Cited by
  • Title:
    Rational Herds: Economic Models of Social Learning
  • Author: Chamley, Christophe P.
  • Subjects: Collective behavior ; Collective behaviour ; Decision making ; Economic models ; Economic psychology ; Mathematical models ; Social learning
  • Description: 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.
  • Publisher: Cambridge: Cambridge University Press
  • Creation Date: 2003
  • Format: 418
  • Language: English
  • Identifier: ISBN: 9780521530927
    ISBN: 052153092X
    ISBN: 052182401X
    ISBN: 9780521824019
    EISBN: 0511616376
    EISBN: 9780511616372
    EISBN: 0511164025
    EISBN: 9780511164026
    EISBN: 9781107146365
    EISBN: 1107146364
    DOI: 10.1017/CBO9780511616372
    OCLC: 437163516
  • Source: Ebook Central Academic Complete
Back to results list
INSPIRE LIBRARY - TON DUC THANG UNIVERSITY (84-028) 37 755 057 Feedback
19 Nguyen Huu Tho St. Dist.7, HCM thuvien@tdtu.edu.vn

Copyright © 2017 INSPIRE LIBRARY - TON DUC THANG UNIVERSITY

Searching Remote Databases, Please Wait