Book Chapter


Morgan Kelly



market economics sociological aspects international financial markets contagion influence financial social learning

Financial market contagion (2008)

Abstract The power of the metaphor of contagion—that beliefs, actions, and strategies spread among economic agents like pathogens among biological organisms— causes it to recur in disparate areas of economics. This article focusses on four applications of contagion to economics: social influence or memoryless learning; Bayesian social learning; strategy choice in coordination games; and the spread of crises in international financial markets.
Collections Ireland -> University College Dublin -> School of Economics
Ireland -> University College Dublin -> College of Social Sciences and Law
Ireland -> University College Dublin -> Economics Research Collection

Full list of authors on original publication

Morgan Kelly

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Morgan Kelly
University College Dublin
Total Publications: 37