Tag Archives: informational-cascades

The Intractable Problem of Informational Cascades

By Michael FeldsteinMore Posts (1038) 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. … Continue reading

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

By Michael FeldsteinMore Posts (1038) 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 … Continue reading

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

Correction on the Origins of Informational Cascade Research

By Michael FeldsteinMore Posts (1038) 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 … Continue reading

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Informational Cascades, Network Theory, and Behavioral Economics

By Michael FeldsteinMore Posts (1038) 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 … Continue reading

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Book Recommendation: Why Societies Need Dissent

By Michael FeldsteinMore Posts (1038) 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 … Continue reading

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