Emrik | v1.4.0Jun 8th 2022 | (+23/-25) | ||
Emrik | v1.3.0Jun 8th 2022 | (+83/-102) | ||
Ruby | v1.2.0Oct 1st 2020 | (+159/-5) | ||
habryka | v1.1.0Apr 24th 2020 | (+5/-9) | ||
jimrandomh | v1.0.0Apr 13th 2020 | (+4/-214) | ||
Vladimir_Nesov | v0.0.15Jul 26th 2010 | (+28) /* See also */ | ||
Vladimir_Nesov | v0.0.14Jul 26th 2010 | (+14) /* See also */ | ||
Vladimir_Nesov | v0.0.13May 27th 2010 | (+46/-52) /* See also */ link to [[Goodhart's law]] | ||
Vladimir_Nesov | v0.0.12May 27th 2010 | (+24) /* See also */ | ||
Vladimir_Nesov | v0.0.11May 13th 2010 | removed extra newlines |
An information cascade occurs when people signal that they have information about something, but actually based their judgmentupdate on other people's signals, resultingbeliefs, which may be an individually rational decision, but may still result in a self-reinforcing community opinion that does not necessarily reflect reality.
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 groupcommunity opinion that does not necessarily reflect reality.
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 communitygroup opinion that does not necessarily reflect reality.
An information cascade occurs when people update on other people's beliefs, which may individually be
anaindividuallyrational decisiondecision,but may still result in a self-reinforcing community opinion that does not necessarily reflect reality.