Tag Archives: informational-cascades

The Intractable Problem of Informational Cascades

Posted on December 9, 2004 by Michael Feldstein

Stephen Downes’ new column on e-Learn does a great job of showing that solving the informational cascade problem is more challenging than I had presented it to be in my own article on the topic. In fact, his own analysis … Continue reading →

Posted in Books I Like, Emergence, Distributed Cognition, & Aggregation Science, Notable Posts | Tagged , , , | 3 Comments

Jeremy Wagstaff's LOOSE wire: Blogs And The Suppression Of Dissent

Posted on September 9, 2004 by Michael Feldstein

Jeremy Wagstaff, after giving a fairly in-depth summary of my informational cascades article, responds with the following counterpoint: On the other hand, there’s also plenty of evidence to suggest blogs foster a healthy discussion and if someone says something controversial, … Continue reading →

Posted in Blogging, Emergence, Distributed Cognition, & Aggregation Science | Tagged | 1 Comment

Correction on the Origins of Informational Cascade Research

Posted on September 4, 2004 by Michael Feldstein

I was mistaken in an earlier post when I claimed that informational cascades research comes from the “heuristics and biases approach” in psychology. It definitely comes from behavioral economics. Both behavioral economics and the heuristics and biases approach share common … Continue reading →

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Informational Cascades, Network Theory, and Behavioral Economics

Posted on August 29, 2004 by Michael Feldstein

Stephen Downes’ mention of my article on informational cascades (thanks for the plug, Stephen) led me to his post in the trdev discussion group. He writes: In network theory, ‘groupthink’ is an instance of what is known as a cascade … Continue reading →

Posted in Books I Like, Emergence, Distributed Cognition, & Aggregation Science | Tagged , , , | 2 Comments

Book Recommendation: Why Societies Need Dissent

Posted on August 28, 2004 by Michael Feldstein

If you liked my article on informational cascades then you will probably want to read Cass Sunstein’s Why Societies Need Dissent. Sunstein, a law professor at the University of Chicago, writes in detail about the impact of informational cascades on … Continue reading →

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