Information cascade | Computer Science homework help

 In this problem we will ask whether an information cascade can occur if each individual sees only the choice of his immediate neighbor rather than the choices of all those who have chosen previously. Let’s keep the same setup as in the Information Cascades lecture, except that, when individual i chooses, he considers only his own color and the choice of individual i − 1. 1. Briefly explain why the decision problems faced by individuals 1 and 2 are unchanged by this modification to the information network. 2. Individual 3 observes the choices of individual 2, but not the choice of individual 1. What can 3 infer about 2’s color from 2’s choice? 3. Can 3 infer anything about 1’s color from 2’s choice? Explain. 4. What should 3 do if he picks a red ball and he knows that 2 declared Red? What if 3’s picked ball was blue and 2 declared Red? 5. Do you think that a cascade can form in this world? Explain why or why not. A formal proof is not necessary, a brief argument is sufficient. 

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more