predicted by theory, we find that the presence of a flexible market price prevents herding. However, the presence of contrarian …

We study reputational herding in financial markets in a laboratory experiment. In the spirit of Dasgupta and Prat (2008 …

Most real world situations that are susceptible to herding are also characterized by direct payoff externalities. Yet …, the bulk of the theoretical and experimental literature on herding has focused on pure informational externalities. In … effects, first-mover advantage, etc.) in a standard information-based herding model. Our results are based on an internet …

We study reputational herding in financial markets in a laboratory experiment. In the spirit of Dasgupta and Prat (2008 …

Most real world situations which are susceptible to herding are also characterized by direct payoff externalities. Yet … study several different forms of payoff externalities that interact with a standard herding model. More than 6000 subjects … replicate and review earlier cascade experiments. Finally, we study reputation effects in the context of herding. …

Most real world situations that are susceptible to herding are also characterized by direct payoff externalities. Yet …, the bulk of the theoretical and experimental literature on herding has focused on pure informational externalities. In … effects, first-mover advantage, etc.) in a standard information-based herding model. Our results are based on an internet …

predicted by theory, we find that the presence of a flexible market price prevents herding. However, the presence of contrarian …

Most real world situations which are susceptible to herding are also characterized by direct payoff externalities. Yet … study several different forms of payoff externalities that interact with a standard herding model. More than 6000 subjects … replicate and review earlier cascade experiments. Finally, we study reputation effects in the context of herding. …

Most real world situations that are susceptible to herding are also characterized by direct payoff externalities. Yet …, the bulk of the theoretical and experimental literature on herding has focused on pure informational externalities. In … effects, first-mover advantage, etc.) in a standard information-based herding model. Our results are based on an internet …

We study reputational herding in financial markets in a laboratory experiment. In the spirit of Dasgupta and Prat (2008 …