Learning from the Behavior of Others: Conformity, Fads, and Informational Cascades
通过观察他人过去决策的学习行为,解释人们为何趋同、为何易受错误和时尚影响,对经济学、商业策略、政治科学及犯罪研究有启发。
Learning by observing the past decisions of others can help explain some otherwise puzzling phenomena about human behavior. For example, why do people tend to converge on similar behavior? Why is mass behavior prone to error and fads? The authors argue that the theory of observational learning, and particularly of informational cascades, has much to offer economics, business strategy, political science, and the study of criminal behavior.