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"informational" cascade

Posted: Sat Oct 27, 2007 9:13 am
by ghostjmf
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.)

Re: "informational" cascade

Posted: Sun Oct 28, 2007 12:06 pm
by MarleysGh0st
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.

Re: "informational" cascade

Posted: Sun Oct 28, 2007 8:05 pm
by Rexer25
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...