Information Cascade during employment
Article Link: https://www.jstor.org/stable/41795099?Search=yes&resultItemClick=true&searchText=information&searchText=cascade&searchUri=%2Faction%2FdoBasicSearch%3Fgroup%3Dnone%26amp%3BQuery%3Dinformation%2Bcascade%26amp%3Bfc%3Doff%26amp%3Bacc%3Don%26amp%3Bwc%3Don&refreqid=search%3Ae25fd197da78a012f05ca13b762d61d8&seq=1#metadata_info_tab_contents When the employment seasons come, everyone is trying their best to polish their resumes and preparing for interviews, but why are these important for our employment? Based on the information cascade we learned from class, we can see that information cascade plays a crucial factor in the labor market. From one’s resume, […]
Information Cascades of Ant-Following Birds
https://www.researchgate.net/publication/322508856_Social_information_cascades_influence_the_formation_of_mixed-species_foraging_aggregations_of_ant-following_birds_in_the_Neotropics This article explores how birds are attracted to ant swarms through the framework of social cascades. They discovered that birds will eavesdrop on flocks that find ant swarms and will decide to join based on the information they gain from eavesdropping, but this is not a simple choice. The cascade follows a typical order […]
Instagram grows with Network Effects
Textbook Network Effects: How Instagram Achieved Instagrowth This article “Textbook Network Effects: How Instagram Achieved Instagrowth” published by the Harvard Business School talks about how Instagram was able to grow so fast with the help of its users. They begin the article by explaining how instagram started out as being very simple to use in […]
iPhones: A Result of Cascades
There are so many ways that our network and the information we get through that network influences us. We make decisions based on what other people think and do. (Every morning I look out my window to asses if I should wear a jacket or not based on what other people are wearing!) Most, if […]
Japanese Comedy and Information Cascades
https://www.youtube.com/watch?v=VGW-cfP3CqE&t=224s https://simplicable.com/new/information-cascade In the youtube video linked above, it shows a prank video that a Japanese comedy show performed. In the video, it shows random people walking down a street when all of a sudden a herd of people seemly very scared turn the corner and start running towards them. Immediately, the individuals start […]
Return of Shea Weber
Return of Canadiens captain Shea Weber has cascading effect on lineup The Montreal Canadiens captain, Shea Weber went through surgery on his left foot and right knee about a year ago. Fortunately, he has fully recovered and will be returning this week when the Canadiens face the Carolina Hurricanes at the Bell Centre on […]
Challenges for Network Epidemic Models
https://www.sciencedirect.com/science/article/pii/S1755436514000334 Modeling epidemics using networks can be a useful tool in understanding and predicting the spread of a disease, as well as using this information to come up with effective containment and prevention solutions. However, due to the vast number of variables that can be manipulated in modeling such a complicated situation, current models still […]
Nipah Virus Outbreak
In the summer of 2018 a rare, brain-damaging virus spread in the state of Kerala, India. This possible epidemic threat killed a shocking 17 out of 18 of those who were infected, according to the World Health Organization. The Nipah virus occurs naturally in fruit bats of South and Southeast Asian descent. The virus can […]
Information Cascades Low-Fat Health Craze
https://www.jstor.org/stable/2117898?seq=5#metadata_info_tab_contents This article from the American Economic Association examines the effect of advertising on American consumption of fat and saturated fat. The article discusses how existing scientific literature emerged in the 1960s detailing links between fat consumption and heart disease, and this information at the time was conveyed through the media and government. Despite this […]
Power Law Applications: Benford’s Law
Benford’s Law, also known as the first-digit law or leading digit phenomenon, predicts the distribution frequency of the leading digits for certain data sets. For data sets that lie outside the bounds of human influence, such as city populations or land mass by state, the leading digit for each data set is predicted to follow […]
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