Herd Behaviour in Financial Markets: Do Traders Follow the Crowd or Do Their Own Thing?
In financial markets, what part of a trader’s action is simply “following the crowd” or herding, and how much is based on the trader’s own information? Herding has been shown to decrease the stability and efficiency of markets, hence the interest in these behaviours. Marco Cipriani (Asian Division,...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2008
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| Online Access: | https://ink.library.smu.edu.sg/ksmu/56 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1055&context=ksmu |
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| Institution: | Singapore Management University |
| Language: | English |
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