Results 231 to 240 of about 2,368 (254)

Relationship in a Herd with Related Parents and Its Effect on Bias of Heritability Estimates

open access: yesRelationship in a Herd with Related Parents and Its Effect on Bias of Heritability Estimates
openaire  

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

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

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   +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   +2 more
openaire   +1 more source

The bias in a standard measure of herding [PDF]

open access: possibleEconomics 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  

Home - About - Disclaimer - Privacy