Results 81 to 90 of about 6,947 (208)
Herd Behavior in Financial Markets: An Experiment with Financial Market Professionals [PDF]
We study herd behavior in a laboratory financial market with financial market professionals. An important novelty of the experimental design is the use of a strategy-like method.
Marco Cipriani, Antonio Guarino
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Herd behavior towards the market index: Evidence from 21 financial markets [PDF]
This paper uses the cross-sectional variance of the betas to study herd behavior towards the market index in major developed and emerging financial markets (categorized as Developed group, Asian group, and Latin American group).
Wang, Daxue
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Herding Behavior Around US Macroeconomic Announcements
, 2013 This paper investigates the herding behavior of investors in 18 European countries around US macroeconomic announcements. By considering daily data from February 3, 2000 through July 31, 2011 and a large sample of US macroeconomic indicators, we find ...
Belgacem, Aymen, Lahiani, Amine
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Comparative Statics in a Herding Model of Investment [PDF]
This paper is an adaptation of the Chamley-Gale endogenous-timing information-revelation model of investment (Econometrica 1994). It models a game with pure informational externality where agents can learn by observing others' actions.
Tuvana Pastine
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SAGE OpenUsing the investor-herding index (IHRB) and manager-herding index (MHRB), the emergence of investors’ and managers’ herding behavior at the corporate-level and its potential impact on firm financial performance (FFP) is analyzed in the entire study.
Sayyed Sadaqat Hussain Shah +4 more
doaj +1 more source
Herd behavior in financial markets: an experiment with financial market professionals
, 2009 We study herd behavior in a laboratory financial market with financial market professionals. An important novelty of the experimental design is the use of a strategy-like method.
Guarino, A., Cipriani, M.
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Herding Behavior and Psychological Factors: Insights from the Pakistan Stock Exchange
JISR Management and Social Sciences & EconomicsPurpose: This study aims to explore the psychological factors influencing herding behavior among investors in the Pakistan Stock Exchange (PSX). Design/Methods/Approach: Data has been collected through questionnaire from 400 respondents, the study ...
Kehkashan Nizam +4 more
doaj +1 more source
Herd Behavior in Financial Markets
International Business Research, 2013 This paper provides a rational microstructure model in which informed traders have private information on multi-dimensional uncertainties and it is possible for the herd behavior to occur. In the herd phase, informed traders choose to trade in the same direction regardless of their private signals.
openaire +2 more sources
Dynamic Forecasting Behavior by Analysts: Theory and Evidence [PDF]
We examine the dynamic forecasting behavior of security analysts in response to their prior performance relative to their peers within a continuous time/multi-period framework. Our model predicts a U-shaped relationship between the boldness of an analyst'
Ajay Subramanian, Jonathan Clarke
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