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Moonshots, investment booms, and selection bias in the transmission of cultural traits

Biased information about the payoffs received by others can drive innovation, risk taking, and investment booms. We study this cultural phenomenon using a model based on two premises. The first is a tendency for large successes, and the actions that lead to them, to be more salient to onlookers than...

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書誌詳細
出版年:Proc Natl Acad Sci U S A
主要な著者: Hirshleifer, David, Plotkin, Joshua B.
フォーマット: Artigo
言語:Inglês
出版事項: National Academy of Sciences 2021
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オンライン・アクセス:https://ncbi.nlm.nih.gov/pmc/articles/PMC8255958/
https://ncbi.nlm.nih.gov/pubmed/34172573
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1073/pnas.2015571118
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