Interacting Cascades: An Experiment on Between-Group Information Spillovers

43 Pages Posted: 28 Dec 2020 Last revised: 2 Aug 2021

See all articles by James Fisher

James Fisher

Henan University - School of Economics

John Wooders

New York University Abu Dhabi; University Technology Sydney

Date Written: July 28, 2021

Abstract

This paper reports the results of an experiment on information spillovers between groups. We find that a player who is a member of multiple groups aggregates information and serves as a conduit through which information from one group spills over to another. We also find that such players are more influential than similarly-situated players who are members of only a single group. We introduce a novel measure of the magnitude of information spillovers, and we identify the behavioral characteristics of the players that determines these magnitudes. While between-group spillovers occur, we find that their magnitudes are smaller than social learning theory predicts.

Keywords: experiment, information spillovers, social learning, networks

JEL Classification: C7, C9, D7, and D8

Suggested Citation

Fisher, James and Wooders, John C., Interacting Cascades: An Experiment on Between-Group Information Spillovers (July 28, 2021). Available at SSRN: https://ssrn.com/abstract=3743657 or http://dx.doi.org/10.2139/ssrn.3743657

James Fisher (Contact Author)

Henan University - School of Economics

United States

John C. Wooders

New York University Abu Dhabi ( email )

PO Box 129188
Abu Dhabi
United Arab Emirates
+971 126285802 (Phone)

HOME PAGE: http://johnwooders.com

University Technology Sydney ( email )

15 Broadway, Ultimo
PO Box 123
Sydney, NSW 2007
Australia

HOME PAGE: http://johnwooders.com/

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