EconPapers    
Economics at your fingertips  
 

A shared identity promotes herding in an information cascade game

Sebastian Berger (), Christoph Feldhaus () and Axel Ockenfels
Additional contact information
Sebastian Berger: University of Bern
Christoph Feldhaus: University of Münster

Journal of the Economic Science Association, 2018, vol. 4, issue 1, 63-72

Abstract: Abstract Our research addresses the effect of shared vs. mixed group identities in an information cascade game. We vary whether subjects always choose after a decision maker who shares the same identity or after a decision maker with a different identity. We find that subjects’ inclination to follow their predecessor is stronger in groups uniquely consisting of ingroup members compared to mixed groups. We relate this result to recent social cognition research.

Keywords: Information cascades; Herding; Group identity; Social cognition (search for similar items in EconPapers)
JEL-codes: C91 C92 D03 D70 D83 G02 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s40881-018-0050-9 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:jesaex:v:4:y:2018:i:1:d:10.1007_s40881-018-0050-9

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/40881

Access Statistics for this article

Journal of the Economic Science Association is currently edited by Nikos Nikiforakis and Robert Slonim

More articles in Journal of the Economic Science Association from Springer, Economic Science Association Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2019-12-07
Handle: RePEc:spr:jesaex:v:4:y:2018:i:1:d:10.1007_s40881-018-0050-9