bwaaaa / bayesian-learning-io

Coursework on Modelling Inefficient Herd Behaviour.

This is the repository dedicated to a Microeconomics course on Industrial Organization

Report: Modelling Inefficient Herd Behaviour.pdf

Links to some other key references:\

1. Heski Bar-Isaac and Steven Tadelis. Seller reputation. Now Publishers Inc, 2008.\
2. Sushil Bikhchandani, David Hirshleifer, and Ivo Welch. A theory of fads, fashion, custom, and cultural change as informational cascades. Journal of political Economy, 100(5):992–1026, 1992. https://www.jstor.org/stable/2138632 \
3. Christophe P Chamley. Rational herds: Economic models of social learning, chapter 3,4. Cambridge University Press, 2004.\
4. Abhijit V Banerjee. A simple model of herd behavior. The quarterly journal of economics, 107(3):797–817, 1992. https://academic.oup.com/qje/article-abstract/107/3/797/1873520 \

Enjoy my report and have fun!