Results 201 to 210 of about 29,817 (231)

Strategic bias, herding behaviour and economic forecasts

Journal of Forecasting, 2003
AbstractProfessional forecasters can have other objectives as well as minimizing expected squared forecast errors. This paper studies whether the people or companies which make forecasts behave strategically with the aim of maximizing aspects such as publicity, salary or their prestige, or more generally to minimize some loss function; or whether, on ...
exaly   +2 more sources

Auction or agent (or both)? A study of moderators of the herding bias in digital auctions

International Journal of Research in Marketing, 2002
Abstract Recent research has shown that buyers in digital auctions are susceptible to the herding bias —gravitation toward listings with existing bids and inconsideration of listings without any bids, manifested in categories of listings that are either coveted or entirely overlooked by buyers.
Utpal M Dholakia, Suman Basuroy
exaly   +2 more sources

Home bias and herding in carbon market trading

Finance Research Letters
Yen-Hsien Lee, J Jimmy Yang
exaly   +2 more sources

Rational Bias and Herding in Analysts' Recommendations

SSRN Electronic Journal, 2008
Using a model without conflicts of interest and with identical information available to equity analysts, we show that bias and herding in their stock recommendations occur due to incentives provided by relative performance evaluation and top awards. Furthermore, these incentives also lead to dispersion of recommendations. In particular, and contrary to
Min S. Kim, Fernando Zapatero
openaire   +1 more source

Chapter 7 The Herding Bias

2017
exaly   +2 more sources

Overconfidence and Herding Bias on Investment Decisions the Role of Risk Perception as a Mediator

Asian Journal of Economics, Business and Accounting, 2023
Aims: The investment decision is essential in Small and Medium Enterprises (SMEs). The behavioral financial theory explains that behavioral biases and risk perceptions of SME owners will influence investment decisions. This study highlights the relationship between overconfidence and herding bias toward investment decisions mediated by Risk Perception.
Purwidianti, Wida, Rahmawati, Ika Yustina, Dwiyanti, Retno   +2 more
openaire   +2 more sources

Herding Behavior, Overconfidence, Regret Aversion Bias On Investment Decisions

International Journal of Economics, Social Science, Entrepreneurship and Technology (IJESET), 2022
The aim of this study is to examine the effect of herding behavior, overconfidence, regret aversion bias on the investment decisions of PT. Phintraco Sekuritas Ambon Branch. This study used quantitative research methods. The sample used is 30 investors of PT. Phintraco Sekuritas Ambon Branch.
Lilian S Loppies, Maria J.F Maria J.F Esomar1, Innayah Nurulita Janah   +2 more
openaire   +1 more source

Effect of Interaction Demographic Factors to Herding Bias Influences Investment Decision

Springer Proceedings in Business and Economics
Tiar Lina Situngkir
exaly   +2 more sources

The bias in a standard measure of herding [PDF]

Economics Bulletin, 2012
We address the Lakonishok, Shleifer and Vishny (LSV) herding measure. Frey, Herbst and Walter (FHW) have shown by empirical simulations that LSV is biased. Using a theoretical model we provide a formal explanation of this bias, and show that a corrected herding measure depends on some unobservable parameters.
openaire  

Herding Bias And Investment Performance

IOSR Journal of Economics and Finance
One fundamental question remain unanswered, are investments free from behavioural biases? This study sought to evaluate the effects of herding bias on investment performance. The study was guided by the herding theory. The study results indicate that herding behaviour has a statistically significant influence on investment performance.
openaire   +1 more source