Original sentence: Too centralized.Too divided.Too emotional.Too homogeneous.Too imitative.Where choices are visible and made in sequence, an "information cascade" can form in which only the first few decision makers gain anything by contemplating the choices available: once past decisions have become sufficiently informative, it pays for later decision makers to simply copy those around them
Edited sentence: " Journal of Political Economy, Vol."A Theory of Fads, Fashion, Custom, and Cultural Change as Informational Cascades.100, No.5, pp.October 1992.Where choices are visible and made in sequence, an "information cascade"Sushil Bikhchandani, David Hirshleifer, Ivo Welch.can form in which only the first few decision makers gain anything by contemplating the choices available: once past decisions have become sufficiently informative, it pays for later decision makers to simply copy those around them