Rational Herds: Economic Models Of Social Learning,New

Rational Herds: Economic Models Of Social Learning,New

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SKU: DADAX052153092X
Brand: Cambridge University Press
Condition: New
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Social Learning Involves Individuals Learning From The Behavior Of Others And May Lead To Spectacular Outcomes Such As Herding, Fads, Frenzies, Crashes, And Booms. Providing A Synthesis Of The Theoretical Literature Of The Last Ten Years, Christophe Chamley Demonstrates How These Pathologies May Occur In A Society Of Rational Individuals. His Book Provides Informal As Well As Technical Analyses For Readers Interested In Social Behavior, And More Advanced Researchers In Economics, Finance, And Other Social Sciences. A Key Feature Is The Inclusion Of Exercises In Each Chapter, With Proofs Written Out For Students.

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