Cascading Political Unity Through Information Cascades
Recently, we have been hearing the same story with every election that comes around — that our country is becoming increasingly divided politically. Indeed, political polarization is a phenomenon that is deeply rooted in the United States’ history. The advent of social media and a boom in the number of online information-sharing sites has only […]
LUNA coin and its information cascade
Terra(Luna) coin, created by the user Do Kwon, was one of the most popular types of cryptocurrency in the crypto market. Now, it is known for its largest collapse ever, with an estimated 60 million dollars of wipeout, significantly affecting the people who invested mass amounts of money into the company. Through analyzing sudden attention […]
5 Monkeys and an Information Cascade
https://www.psychologytoday.com/us/blog/games-primates-play/201203/what-monkeys-can-teach-us-about-human-behavior-facts-fiction You’ve probably heard of the (usually rhetorical) question, “If all your friends jumped off of a bridge, would you too?”, as it’s often used to reprimand people who draw inferences from the actions of others rather than using logic to make a decision. The phenomenon this question refers to is a direct consequence of […]
Information Cascade: Gamestop Incident
Information cascade has become more prevalent in society than ever before as the Internet provided the means for a faster, more effective communication platform for users. People are easily influenced by other people’s decisions as opinions and choices by others are easily accessible on the web. According to the textbook, an information cascade occurs when […]
Girls Who Invest: A Road To Success
A network effect is a concept whereby the value of the service provided by a platform increases as more users join. Consider a platform like Facebook as an example. For each additional user joining Facebook, Facebook becomes more valuable to advertisers as they can find diverse individuals interested in their advertisements. This is an illustration […]
Cascade Network Effects and International Policy Diffusion
Information cascades have important implications for international policy diffusion. The theory of international policy diffusion has attributed the reason for the spread of certain policies to different countries to different causes – while some simply cite the success of a policy as the reason for its spread to other countries, others claim it is due […]
Rich Get Richer in Socioeconomic Class at Universities
Research: https://huolab.psych.ucla.edu/wp-content/uploads/sites/5/2021/08/Ni-Goodale-Huo-SOE-2019.pdf We often hear the phrase ” the rich get richer and the poor get poorer” in a number of situations, such as web links, social media, medical health, wealth, etc. In their research, Dr. H. Wenwen Ni, Dr. Brianna M. Goodale, and Dr. Yuen J. Huo analyzed this concept in the context of academic […]
Cascading Behavior: How Jio brought 4G Cellular Data into Rural India
Cascading Behavior refers to the manner in which people tend to influence each other’s decisions when they are connected in a social network. Cascading behavior contributes to the diffusion”of a new technology or product within a network. As a new product or technology spreads from the few early adopters to others in the network, a […]
Information Cascade and Share Market Volatility in Chinese Share Market
https://koreascience.kr/article/JAKO201616759692439.page The research paper “Information Cascade and Share Market Volatility: A Chinese Perspective” discusses the large volatilities in Chinese Share market are because of information information blockage, which impedes share prices to timely respond to economic conditions. Investors have asymmetry information to the share market which leads to information cascade. An information cascade has been […]
Multifactor Second-Price Auction in Google Search
Article: https://moz.com/blog/understanding-google-ads-auction A well-known system for displaying advertisements on a search engine is an auction. In simple terms, the interested advertisers place their bids with the search engine in terms of a cost per click and the search engine runs some form of an auction to determine which advertiser gets a certain position in […]
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