Cascade Theory as it Applies to Crime
Information cascades are phenomena that drive social behavior and enable aggregate herd-mindedness to arise as a consequence of ostensibly individual decision making. These cascades are prevalent in determining the popularity of various forms of media, in the proliferation of ideas, and in the foundation of societal and social norms. One area in which information cascades […]
Evolutionary game theory: molecules as players
The application of game theory in understanding people and animal behavior is a very common study; however, its application to cellular and subcellular levels of life rather than multicellular organisms is a less common study, but just as important to investigate. This article focuses on the subcellular level considering genes, viruses, and molecules as the […]
Diffusion in Hockey Chants
The student section of Cornell Hockey games is bustling with activity, as students stand up, cheer, and chant at the players. Chants range from the last name of a player after they score to edgier chants such as “I’m blind, I’m deaf, I want to be a ref”. From the other side of the glass, […]
Using Bayes’ Theorem to Consume News More Intelligently
This article discusses how Bayes’ Theorem can leveraged when making everyday decisions. Primarily, how it can be useful in simply updating our beliefs when presented with more evidence, or in determining whether an outcome is significantly more likely given some condition. When examining Bayes’ Theorem, it can be helpful to breakdown the formula into terms […]
Information Cascade about Anime
Anime is a genre of entertainment that was first developed around the 20th century. The definition of anime could be seen on Wikipedia as, “Anime is colloquial for Japanese animation and refers specifically to animation produced in Japan” (Wikipedia). The reason why anime is so different from regular cartoons or tv shows is because it […]
Blog Post #1: Graph theory in social media analysis
Article: https://www.sciencedirect.com/science/article/pii/S2212041620301182. This article above discusses the usage of graph theory on social media images and hashtags to assess relationships across the internet. More specifically, the study analyzed the usage of hashtags on photos and the content of the photos to identify the value of relationships on platforms such as Instagram and Twitter. This relates […]
Network Affects in Social Media Advertising
In Class, we have learned about network effects and how more people using a product/service would lead to increased perception of value of the product or service (The model being p = r(z)f(z)). In an article on their business page, Verizon talks about the Network Effects of Social Media and specifically Social Media Advertising, a […]
Four Common Types of Auctions
During lectures, we have covered two types of auctions: the English Auction and the Dutch Action. In this blogpost, we will be covering several other types of auction we may encounter in the real world and their pros and cons. We will review the English Auction and the Dutch Action first and introduce the types […]
“Trust” in the Fight Against COVID-19
In recent weeks, COVID-19 numbers have surged in Europe, prompting governments to mandate measures such as national lockdown, restrictions for the unvaccinated, etc. These measures have been met with organized protests across numerous countries in Europe, with many turning violent. However, in some parts of Europe, at least before the recent wave of COVID in […]
Information Cascade in sports drafts
A sports draft is an excellent illustration of a circumstance in which an information cascade can happen. Teams choose players in order, with other teams watching each selection. The essential conclusion is that organizations learn from teams who choose earlier in the draft. The draft night phenomenon of a player dropping is explained by the […]
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