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- URN zum Zitieren dieses Dokuments:
- urn:nbn:de:bvb:355-epub-217073
- DOI zum Zitieren dieses Dokuments:
- 10.5283/epub.21707
Alternative Links zum Volltext:DOI
Zusammenfassung
Most real world situations that are susceptible to herding are also characterized by direct payoff externalities. Yet, the bulk of the theoretical and experimental literature on herding has focused on pure informational externalities. In this paper, we experimentally investigate the effects of several different forms of payoff externalities (e.g., network effects, first-mover advantage, etc.) in ...
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