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Informational herding as experimentation dj vu Open

Lones Smith, Peter Norman Srensen · 1996

We prove that the recently proposed informational herding models are but special cases of a standard single person experimentation model with myopia. We then re-interpret the incorrect herding outcome as a familiar failure of complete lear…

Pathological models of observational learning Open

Lones Smith, Peter Norman Srensen · 1994