Herding in Quality Assessment: An Application to Organ Transplantation
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Authors
De Mel, S.
Munshi, K.
Reiche, S.
Sabourian, H.
Abstract
There are many economic environments in which an object is offered sequentially to prospective buyers. It is often observed that once the object for sale is turned down by one or more agents, those that follow do the same. One explanation that has been pr
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Keywords
Social learning, Herd behavior, Information Cascades, Organ transplant decisions
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Faculty of Economics & Cambridge-INET Institute, University of Cambridge