PDF-1IntroductionMotivationWhetheroneconsidersinvestmentdecisions,bankruns

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1Aninformationcascadeissaidtooccurwhenitbecomesrationaltoignoreone146sownprivateinformationandinsteadfollowone146spredecessors146decisionsSincenofurtherinformationisrevealedonceaninformation

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