Explore how ranking-based social influence leads to lock-in effects in this 55-minute lecture from the Santa Fe Institute. Delve into the mechanisms behind social influence and its impact on decision-making processes. Gain insights into the dynamics of ranking systems and their role in shaping collective behavior. Discover the implications of lock-in phenomena in various social and economic contexts. Enhance your understanding of complex systems and their applications in real-world scenarios.
Overview
Syllabus
Ranking-based Social Influence Produces Lock-in
Taught by
Santa Fe Institute
Tags
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