"informational" cascade

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ghostjmf
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"informational" cascade

#1 Post by ghostjmf » Sat Oct 27, 2007 9:13 am

1st of all, the word is in quotes because it should be wiped out of the English language (& the users waterboarded or worse); something is informative, or it is itself information; "informational" is not a word.


Anyway, apparently somebody recently won a Nobel Economics prize for work on this stuff.

The Car Talk Guys claim a writer-in to their show actually invented the idea 1st.

BAM is brought up by the Nobel Guy; the idea is the the consensus opinion of a large audience, as that of BAM, is usually right.

The Car Talk Guys, citing their writer-in, contend that when the consensus is obtained out loud, what you can get is a disinformational cascade; one person gives the wrong answer out loud, the next person disagrees but thinks "well, they said it out loud didn't they; they must be right" & winds up agreeing, someone else down the chain uses the same reasoning, etc.

(The writer-in, of course, contended that Tom & Ray have started a lot of disinformational cascades on their show.)

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MarleysGh0st
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Re: "informational" cascade

#2 Post by MarleysGh0st » Sun Oct 28, 2007 12:06 pm

ghostjmf wrote: BAM is brought up by the Nobel Guy; the idea is the the consensus opinion of a large audience, as that of BAM, is usually right.

The Car Talk Guys, citing their writer-in, contend that when the consensus is obtained out loud, what you can get is a disinformational cascade; one person gives the wrong answer out loud, the next person disagrees but thinks "well, they said it out loud didn't they; they must be right" & winds up agreeing, someone else down the chain uses the same reasoning, etc.
Yup. I posted a link to a NY Times article about "informational cascades" earlier this month.

viewtopic.php?t=48

As for the "ATA is always right" meme, one could make a careeor of trying to explain the limits of that.

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Rexer25
It's all his fault. That'll be $10.
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Re: "informational" cascade

#3 Post by Rexer25 » Sun Oct 28, 2007 8:05 pm

MarleysGh0st wrote: As for the "ATA is always right" meme, one could make a careeor of trying to explain the limits of that.
A career? Gimme an idea of bennies & salary, and I'm sure we could agree to a deal of some sort...
Enough already. It's my fault! Get over it!

That'll be $10, please.

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