Kübler, Dorothea; Weizsäcker, Georg - In: Journal of the European Economic Association 3 (2005) 2-3, pp. 330-339
Yes, they are. We consider data from experimental cascade games that were run in different laboratories, and find uniformly that subjects are more willing to follow the crowd, the bigger the crowd is-although the decision makers who are added to the crowd should in theory simply follow suit and...
