David Hirshleifer
Institution
Marshall School of Business, USC
PhD Year
1985
hirshlei@marshall.usc.edu
FTG Membership
Fellow
Website
https://sites.uci.edu/dhirshle/
Featured Work
Jul 11, 2023
Information Cascades and Social Learning
We review the theory of information cascades and social learning. Our goal is to describe in a relatively integrated and accessible way the more important themes, insights and applications of the literature as it has developed over the last thirty years. We also highlight open questions and promising directions for further theoretical and empirical exploration.