Work detail

Informational Cascades in Economics

Author: Bc. Martin Hrachovec
Year: 2010 - summer
Leaders: Ing. Ivo Koubek
Consultants:
Work type: Bachelors
Language: English
Pages: 50
Awards and prizes:
Link:
Abstract: Herd behavior is one of the fields that has not been explored much yet. Some approaches exist in sociology and psychology as well as in economy. One of the economical approaches is the one of informational cascades, building on the framework of Bayesian economics. This thesis first introduces Bayesian framework and then the basic models of informational cascades. Main aim of the thesis is to provide introduction to the topic and point out connections to the everyday life; therefore generalizations to the basic models are introduced and three practical cases of possible application of informational cascades elaborated.
Downloadable: Bachelor Thesis of Hrachovec Martin

09

December

December 2021
MonTueWedThuFriSatSun
  12345
6789101112
13141516171819
20212223242526
2728293031  

Partners

Deloitte

Sponsors

CRIF
McKinsey
Patria Finance