Demonstration Effect - Assignment Point
Demonstration Effect
Subject: Economics | Topics:

Demonstration effects are effects within the behavior of individuals brought on by observation of what of others as well as their consequences. The term is specially used in political science and sociology to describe the fact that developments in one place will often act as a new catalyst in one more place. In economics, demonstration effects will help explain the spread of financial or even economic crises much like the Asian financial crisis.

Related Economics Paper: