We study the role of social preferences and conformity in explaining herding behavior in anonymous risky environments. In an experiment similar to information cascade settings, but with no private information, we find no evidence for conformity. On the contrary, we observe a significant amount of non-conforming behavior, which cannot be attributed to errors.

Corazzini, L., Greiner, B. (2007). Herding, social preferences and (non-)conformity. ECONOMICS LETTERS, 97(1), 74-80 [10.1016/j.econlet.2007.02.024].

Herding, social preferences and (non-)conformity

Corazzini, L;
2007

Abstract

We study the role of social preferences and conformity in explaining herding behavior in anonymous risky environments. In an experiment similar to information cascade settings, but with no private information, we find no evidence for conformity. On the contrary, we observe a significant amount of non-conforming behavior, which cannot be attributed to errors.
Articolo in rivista - Articolo scientifico
Conformity; Herding; Information cascades; Laboratory experiments; Non-conformity;
English
2007
97
1
74
80
reserved
Corazzini, L., Greiner, B. (2007). Herding, social preferences and (non-)conformity. ECONOMICS LETTERS, 97(1), 74-80 [10.1016/j.econlet.2007.02.024].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10281/437546
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