Ivo Welch
Encyclopedia
Ivo Welch is an American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...

 at UCLA. His work has focused on financial economics and informational cascades. In 2007, he was ranked as the 54th most cited economist by web of science
Web of Science
ISI Web of Knowledge is an academic citation indexing and search service, which is combined with web linking and provided by Thomson Reuters. Web of Knowledge coverage encompasses the sciences, social sciences, arts and humanities. It provides bibliographic content and the tools to access, analyze,...

's Most-Cited Scientists in Economics&Business. He is the author of a financial economics text book.

External links

  • http://welch.econ.brown.edu/ Ivo Welch's website.
  • http://www.in-cites.com/nobel/2006-eco-top100.html Most-Cited Scientists in Economics & Business, 2006.
  • http://www.in-cites.com/nobel/2007-eco-top100.html Most-Cited Scientists in Economics & Business, 2007.
  • Sushil Bikhchandani, David Hirshleifer
    David Hirshleifer
    David Hirshleifer is a prominent American economist. He is a professor of finance and currently holds the Merage chair in Business Growth at the University of California at Irvine. He previously held tenured positions at the University of Michigan, The Ohio State University, and UCLA. His work...

    , and Ivo Welch. "A Theory of Fads, Fashion, Custom, and Cultural Change as Informational Cascade
    Informational cascade
    An information cascade occurs when people observe the actions of others and then make the same choice that the others have made, independently of their own private information signals...

    s." Journal of Political Economy, Vol. 100, No.5, pp. 992–1026, 1992.
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