Difference between revisions of "Information cascade"

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==Main post==
 
==Main post==
  
*[http://lesswrong.com/lw/z/information_cascades/ Information Cascades] by [[Johnicholas]]
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*[http://lesswrong.com/lw/z/information_cascades/ Information cascades] by [[Johnicholas]]
  
 
==See also==
 
==See also==

Revision as of 04:30, 9 September 2009

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An information cascade occurs when people signal that they have information about something, but actually based their judgment on other people's signals, resulting in a self-reinforcing community opinion that does not necessarily reflect reality.

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See also