Results 101 to 110 of about 6,947 (208)
Measuring Mutual Fund Herding - A Structural Approach [PDF]
, 2012 This paper proposes a methodological improvement to empirical studies of herd behavior based on investor transactions. By developing a simple model of trading behavior, we show that the traditionally used herding measure produces biased results.
Walter, Andreas +2 more
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Social Learning in Continuous Time - When are Informational Cascades More Likely to be Inefficient? [PDF]
In an observational learning environment rational agents may mimic the actions of the predecessors even when their own signal suggests the opposite. In case early movers’ signals happen to be incorrect society may settle on a common inefficient action ...
Tuvana Pastine, Ivan Pastine
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Social Influence in Stockmarkets: A Conceptual Analysis of Social Influence Processes in Stock Markets [PDF]
This paper focuses on the role of social factors for booms-bubbles-busts cycles in stock markets. It is argued that indirect and direct social influences are important contributors by reinforcing stock investors’ cognitive biases exaggerated by affective
Jansson, Magnus +5 more
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Herding behavior in the Egyptian stock market
, 2014 This paper tests for the existence of herding behavior in the Egyptian stock market using daily and monthly data of listed companies on the Egyptian stock Exchange.
Allam, Noha
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Response of Flounders to herding rope
, 1999 Long and thick ropes are used for herding flat fish in seine net fisheries. Observations of flounder Paralichthys olivaceus reactions to approaching ropes may help to clarify the herding process and assist in the simplification of seine rope fishing ...
井上, 喜洋 +8 more
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Do Analysts Herd? An Analysis of Recommendations and Market Reactions [PDF]
This paper develops and implements a new test to investigate whether sell-side analysts herd around the consensus when they make stock recommendations. Our empirical results support the herding hypothesis.
Woojin Kim, Narasimhan Jegadeesh
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