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Thirdly, this belief system is possibly an information cascade (also called an informational cascade), 316 317 an entity resulting when people perceive advantage in accepting the prevailing view over any private information they may have when making choices.
The stock can thus be driven to either of two extremes by an information cascade.
Blu-Ray won the "good quality DVD war," and they did so because of an information cascade.
So if short sellers can drive down a financial institution's stock, they can hope to do more than just start an information cascade among investors.
A successful revolution in one nation may trigger unrest in neighboring nations, thus resulting in a rebellion driven by an information cascade between nations.
The influx in false tweets regarding how people are reacting to Hurricane Sandy and the hurricane's effects can cause for an information cascade that is wrong.
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You could start what economists call a "non-informative information cascade," where people would go to the movie simply because everyone else was going.
A so-called information cascade occurs when one ignores his/her private information and makes a decision solely based on others' actions.
It was useful in raising awareness of all deputy governors in the 6 regions, yet added an additional level of information cascade and reduced trainers‟ direct interaction with community advisers.
Information cascade can give a movement enough momentum to cross a tipping point and turn into a full on revolution.
In a similar manner, network dynamics and information cascade may be contributing to this smartphone's downfall.
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