Results 31 to 40 of about 6,947 (208)
The Consequences of Endogenizing Information for Herd Behavior [PDF]
SSRN Electronic Journal, 2003 In models of sequential decision making herd behaviour occurs if the signals smart (dumb) agents receive are (un)correlated and if agents have reputational concerns. We show that introducing costly effort to become informed about project payoffs (i) eliminates herd behaviour and (ii) shifts attention from the incentives for agent 2 to herd to agent 1 ...
Otto H. Swank, Bauke Visser
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Herd behavior in a complex adaptive system [PDF]
Proceedings of the National Academy of Sciences, 2011 In order to survive, self-serving agents in various kinds of complex adaptive systems (CASs) must compete against others for sharing limited resources with biased or unbiased distribution by conducting strategic behaviors. This competition can globally result in the balance of resource allocation. As a result, most of the agents and species can survive
Li, Zhao +6 more
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Journal of Accounting and Investment, 2023 Research aims: This study aims to investigate herding behavior in the large-capitalization cryptocurrency market and analyze the role/influence of Indonesia's macroeconomic factors, namely inflation and interest rates, on herding behavior in the large ...
Muhamad Rizky Ramadhan +2 more
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HERDING BEHAVIOR IN THE INDONESIAN ISLAMIC STOCK MARKET
Journal of Islamic Monetary Economics and Finance, 2019 Indonesia Stock Exchange provides Islamic stocks for Muslim investors who want to invest, with the first Islamic stock index in Indonesia being Jakarta Islamic Index or JII that consists of thirty of the most liquid Islamic stocks.
Nora Amelda Rizal +1 more
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Herding Behavior among Institutional Investors in Tehran Stock Exchange [PDF]
فصلنامه پژوهشهای اقتصادی ایران, 2011 this paper following Lakonishok (1992) and Sias (2004), we examine the presence of herding behavior among active institutional investors, test the presence of momentum strategy (as a determiner of herding behavior) and the correlation between herding ...
Gholamreza Keshavarz Haddad +1 more
doaj
Revisiting Herding Investment Behavior on the Zagreb Stock Exchange: A Quantile Regression Approach
Econometric Research in Finance, 2018 Herding investment behavior on stock markets has consequences for practitioners, theorists, and policy makers. Thus, empirical research on this topic in the last couple of years has grown exponentially. However, there exist only a few papers dealing with
Tihana Škrinjarić
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Herd Behavior and Aggregate Fluctuations in Financial Markets [PDF]
SSRN Electronic Journal, 1998 We present a simple model of a stock market where a random communication structure between agents generically gives rise to heavy tails in the distribution of stock price variations in the form of an exponentially truncated power law, similar to distributions observed in recent empirical studies of high-frequency market data.
Rama Cont, Jean-Philippe Bouchaud
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SWITCHING RATES AND THE ASYMPTOTIC BEHAVIOR OF HERDING MODELS [PDF]
Advances in Complex Systems, 2011 Markov chains have experienced a surge of economic interest in the form of behavioral agent-based models that aim at explaining the statistical regularities of financial returns. We review some of the relevant mathematical facts and show how they apply to agent-based herding models, with the particular goal of establishing their asymptotic behavior ...
Milaković, Mishael +3 more
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U.S. monetary policy and herding: Evidence from commodity markets [PDF]
, 2020 This paper investigates the presence of herding behavior across a spectrum of commodities (i.e., agricultural, energy, precious metals, and metals) futures prices obtained from Datastream.
Apergis, Nicholas +3 more
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Statistical Interaction Modeling of Bovine Herd Behaviors [PDF]
IEEE Transactions on Systems, Man, and Cybernetics, Part C (Applications and Reviews), 2011 While there has been interest in modeling the group behavior of herds or flocks, much of this work has focused on simulating their collective spatial motion patterns which have not accounted for individuality in the herd and instead assume a homogenized role for all members or sub-groups of the herd.
Stephen, B. +7 more
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