Hierarchical reporting, aggregation, and
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Anil Arya; Jonathan Glover; Brian Mittendorf
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Article
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2006
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John Wiley and Sons
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English
β 119 KB
## Abstract Aggregation is commonly associated with loss of information. In contrast, this paper shows that aggregation can actually enhance information downβtheβroad by deterring information cascades. In particular, when hierarchical tiers forward only aggregate recommendations rather than nittyβg