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Keywords: Herding
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Journal Articles
Strategic Behavior and the Environment (2017) 7 (1-2): 135–178.
Published: 06 December 2017
..., implying that they do not ‘herd’ on the actions of their peers. Nevertheless, when subjects observe their peers' decisions, they accelerate the timing of their adoptions, but do not necessarily imitate their peers. This occurs even when payoffs are statistically independent as though observing prior...
