Economics 102 with Prof Abhijit Banerjee [S2 Ep.31]
Conversations With Coleman
00:00
A Simple Model of Herd Behavior
Riht: I was at a restaurant where there's a bathroom that can fit two people, two men. There's always a line for the bathroom in this comedy club. Riht: The first person got a false signal that the bathroom was full and no one who is in line is going to challenge that. And it's actually kind of happens all the time; i now no longer really trust that the bathroom isn't full.
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