Inefficient markets and wealth generation
High frequency trading, trading algorithms, big data analytics are all buzz words flowing around Wall Street. We have seen a technology boom in the last decade which has changed the face of the financial markets. With Hedge Funds and Bulge Bracket Banks in a technological arms race could they be leaving out an entire subset […]
Information Cascades: Their Influence on the Mexican Peso in the 2008 Financial Crisis
https://kuscholarworks.ku.edu/bitstream/handle/1808/16812/Vachalek_ku_0099M_13550_DATA_1.pdf;sequence=1 In class, we have discussed the concept of information cascades and the idea that information quickly diffuses amongst a tightly linked groups as information is shared by amongst nodes in the group. We have talked about an information cascade occurring as people make decisions and choices by observing and gaining information through the choices […]
Social Media and the Spread of Rumors (Information Cascade)
“According to Cheshire, these ‘information cascades” are an important part of human societies because survival can sometimes depend on it. “[It] does not imply that people actually ‘trust’ all of the information,” he said, just that there’s a tendency to share and distribute information quickly for a perceived good.” In the article “Paris and the […]
Surpassing the Tipping Point: Artificial Intelligence
In world that has been nurtured and altered by technology, people are motivated and intent on creating even more innovative and interactive technologies. Today, the focus of the next big thing in technology is artificial intelligence. With technical companies already successfully advancing the human experience through augmented and virtual reality, the concept of artificial intelligence […]
Information Cascades in the Labor Market
Bandwagon behavior can be found in many areas of society, and is sometimes so prevalent that it can be hard to identify. This behavior is rooted in information cascades, in which people make decisions based on the observed behavior of others, even if it contradicts information acquired empirically. Although it sounds foolish to disregard your […]
Information Cascades and Media
The election shocked everyone. There has bean questions from everyone about how this could have happened. One of the most important areas which is being blamed in this post election autopsy is in the area of media. America in the recent election cycle has become increasingly untrustworthy of the “mainstream media.” Many believe that thus […]
Rationale Behind Republicans’ Changing Endorsements of Donald Trump
Throughout the past year, Republicans have been flipping back and forth between endorsing Donald Trump and un-endorsing him. These decisions were made based on how Trump was currently being portrayed in the media as well as the number of other Republican politicians who were choosing to endorse him. For example, after the release of the […]
Role of Information Cascades in Post-Election Stock Market Changes
The role of information cascades in post-election stock market changes Stock markets prices, initially tanking after the results from Tuesday’s election, have seen a steady rise since Trump’s victory. The S&P 500 Index, one of the best measurements for indicating the strength of the US stock market, initially plunged 5 percent after the election […]
Cascades and the iPhone 7+
Recently in class we have been discussing a lot about information cascades, tipping points, and overall the general demand there is for a product. This article I have found highlights the unexpected demand for the iPhone 7+. In the article it is mentioned that there are a myriad of factors that go into understanding the projected […]
The Rich Get Richer: NBA vs NFL
The entire concept behind “the rich get richer” theory is that in a connected network, preceding, older, and more established nodes will always have an advantage over less established and newer nodes coming into the network. This concept is mainly applied in economics, stating that the “1%” will become ever so prosperous while the 99% […]
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