Availability Cascade
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Availability Cascade
An availability cascade is a self-reinforcing cycle that explains the development of certain kinds of collective beliefs. A novel idea or insight, usually one that seems to explain a complex process in a simple or straightforward manner, gains rapid currency in the popular discourse by its very simplicity and by its apparent insightfulness. Its rising popularity triggers a chain reaction within the social network: individuals adopt the new insight because other people within the network have adopted it, and on its face it seems plausible. The reason for this increased use and popularity of the new idea involves both the availability of the previously obscure term or idea, and the need of individuals using the term or idea to appear to be current with the stated beliefs and ideas of others, regardless of whether they in fact fully believe in the idea that they are expressing. Their need for social acceptance, and the apparent sophistication of the new insight, overwhelm their critical ...
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Timur Kuran
Timur Kuran is a Turkish-American economist and political scientist, Professor of Economics and Political Science, and Gorter Family Professor of Islamic Studies at Duke University. His work spans economics, political science, history, and law. Early life and education Kuran was born in New York City in 1954, where his parents were graduate students at Yale University. They returned to Turkey, and he spent his early childhood in Ankara, where his father, Aptullah Kuran, taught at Middle East Technical University. The family moved to Istanbul in 1969, when the senior Kuran joined the faculty of Robert College, whose higher education side became Boğaziçi University in 1971. Kuran obtained his secondary education in Istanbul, graduating from Robert College in 1973. He went on to study economics at Princeton University, graduating magna cum laude in 1977. He obtained his doctorate at Stanford University, under the supervision of Kenneth Arrow. Career Kuran taught at University of So ...
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