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A simple model of herd behavior, a comment
dc.contributor.author | MORONE, ANDREA | |
dc.date.accessioned | 2013-06-27T18:19:45Z | |
dc.date.available | 2013-06-27T18:19:45Z | |
dc.date.issued | 2012 | |
dc.identifier.issn | 0165-1765 | |
dc.identifier.uri | http://hdl.handle.net/10234/68660 | |
dc.description.abstract | In this paper we analyze the role played by the tie-breaking assumptions in Banerjee’s model of herd behavior. Changing one assumption we obtain three important results: players’ strategies are parameter dependent; an incorrect herd could be reversed; a correct herd is irreversible. | ca_CA |
dc.format.extent | 8 p. | ca_CA |
dc.format.mimetype | application/pdf | ca_CA |
dc.language.iso | eng | ca_CA |
dc.publisher | Elsevier | ca_CA |
dc.relation.isPartOf | Economics Letters. 2012 February, Volume 114, Issue 2 | ca_CA |
dc.rights | Copyright © 2012 Elsevier Ltd. All rights reserved | ca_CA |
dc.rights.uri | http://rightsstatements.org/vocab/InC/1.0/ | * |
dc.subject | Herd behavior | ca_CA |
dc.subject | Tie-breaking rules | ca_CA |
dc.subject | Lock-in | ca_CA |
dc.title | A simple model of herd behavior, a comment | ca_CA |
dc.type | info:eu-repo/semantics/article | ca_CA |
dc.identifier.doi | http://dx.doi.org/10.1016/j.econlet.2011.09.024 | |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | ca_CA |
dc.relation.publisherVersion | http://www.sciencedirect.com/science/article/pii/S0165176511003533 | ca_CA |
dc.type.version | info:eu-repo/semantics/submittedVersion |
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