Informational cascades in honeybee swarming behaviour
Honeybee behavior has proven to be pretty difficult to study. However, in a recent study by Nicole S. Carver and Damian Kelty-Stephen has analyzed the behavior of honeybees and determined their behavior to be kind of like an information cascade. The mathematical signals of the information cascade of the honeybees was analyzed over a period […]
Information Cascades and “The Room”
The Room directed by Tommy Wiseau is widely regarded as the worst movie ever made. The 32% on Rotten Tomatoes seems to testify to this fact, although some might wonder why the film doesn’t have a lower score. The answer lies in the film’s fanatical cult following. Arguably the first to champion the idea […]
Information Cascades and Fake News
article: https://thepavlovictoday.com/afterimage-review/analysis-senate-intelligence-hearing-on-fake-news-free-speech-and-russia/ There has been a lot of discussion recently on fake news and its impact on the election. People claim that phony news articles spread on social media by Russia and their allies influenced American voters and hold Facebook and Twitter accountable for not dealing with this threat to the democratic system. The article linked […]
Those Big Antenna Bois You See Everywhere
Cell Towers Most people take for granted the large industrial spires that appear here and there on mountains or nearby highways. Maybe even think they’re an eyesore. But cell phone towers help connect our modern smartphones and technology in our incredibly interconnected world. Each tower covers a cell, typically in a hexagonal shape, that supply […]
“Artificial” Information Cascades Created By Social Networks
WeChat is a widely used social network application that has spread across the world, amassing more than triple the user base of Snapchat, and half the user base of Facebook. WeChat is used for a large variety of purposes, including instant messaging, personal financing, and even takeout orders. As the main social media platform for […]
Twitter and Power Laws
As we discussed in class, power laws are ubiquitous in the dissemination of social media. While our textbook tells us that determining the reasoning behind the robustness and consistency of power laws from the perspective of individual decision-making continues to be an elusive research goal, we can nonetheless build models like the “rich get richer” […]
Information cascades in Marketing, Finance, and Business
We know that an information cascade is when each individual makes choices based on the choices of others while ignoring his own personal information. When we are in a cascade, their is a point where no new information is added. This is because individuals just imitate others based on the premise that a large number […]
The Birth of Memes: Modeling Memes as Information Cascades on Social Networks
Article: https://www.vice.com/en_us/article/kwx3jv/we-asked-an-expert-why-some-memes-work-better-than-others Every young adult who uses social media knows what memes are. Although they aren’t keen to admit it, many spend significant portions of their day perusing memes. Thousands of sites and groups online specialize in catering memes to niche audiences. Indeed, most Cornell students are familiar with “Make Cornell Meme Again”, a Facebook page […]
Studying the Network of Overnight Bank Loans in Italy
In Europe as in America, banks are required to maintain a certain amount of money as reserves that they must have on-hand at certain times throughout the year. In an attempt to prevent liquidity shocks, the European Central Bank requires that the reserves of any bank at the end of each month must be at […]
Information Cascade with Fake News
According to what we have learned on the class, an information cascade is when an individual changes their behavior based on inferences they make by observing other people. The term implies that a person does something illogical that goes against facts that they know to be true due to a strong social urge to follow […]
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