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Rational herds :economic models of s...

Chamley, Christophe,

Rational herds :economic models of social learning /

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
杜威分類號:	303.3/2
書名/作者:	Rational herds : : economic models of social learning // Christophe P. Chamley.
作者:	Chamley, Christophe,
面頁冊數:	1 online resource (xiv, 402 pages) : : digital, PDF file(s).
附註:	Title from publisher's bibliographic system (viewed on 05 Oct 2015).
標題:	Social learning.
標題:	Social learning - Mathematical models.
標題:	Decision making.
標題:	Collective behavior.
ISBN:	9780511616372 (ebook)
摘要、提要註:	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.
電子資源:	http://dx.doi.org/10.1017/CBO9780511616372

Rational herds :economic models of social learning /
Chamley, Christophe,

Rational herds :economic models of social learning /Christophe P. Chamley. - 1 online resource (xiv, 402 pages) :digital, PDF file(s).

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.

ISBN: 9780511616372 (ebook)Subjects--Topical Terms:

367426
Social learning.

LC Class. No.: HQ783 / .C47 2004

Dewey Class. No.: 303.3/2

Rational herds :economic models of social learning /
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