Information cascade

From Lesswrongwiki
Revision as of 13:02, 23 April 2010 by JoshuaZ (talk | contribs) (+Groupthink to see also)
Jump to: navigation, search
Wikipedia has an article about

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.

Main post

See also