£53.81

About as cheap as it gets — within 5% of the all-time low it hit 2 months ago.

£54 today · all-time low £54 (Jul 2026) · usually the usual

Cambridge University Press Rational Herds: Economic Models of Social Learning

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£54.73 £53.71 £53.93 £54.15 £54.38 £54.60 £54.82 26 July 2026 01 August 2026 08 August 2026 14 August 2026 21 August 2026
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Description
Penguins jumping off a cliff, economic forecasters and financial advisors speculating against a currency, and farmers using traditional methods in India are all practising social learning. Such learning from the behavior of others may and does lead to herds, crashes, and booms. These issues have become, over the last ten years, an exciting field of research in theoretical and applied economics, finance, and in other social sciences. This book provides both an informal introduction and in-depth insights into the subject. Each chapter is devoted to a separate issue: individuals learn from the observations of actions, the outcomes of these actions, and from what others say. They may delay or make an immediate decision; they may compete against others or gain from cooperation; they make decisions about investment, crop choices, and financial investments. The book highlights the similarities and the differences between the various cases.

Product Specifications
Brand
Cambridge University Press
Format
paperback
ASIN
052153092X
Category
Books > Subjects > Science, Nature & Maths > Mathematics > Education > Higher Education
Domain
Amazon UK
Release Date
29 January 2004
Listed Since
19 January 2007

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No barcode data available

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