This paper studies the herding behavior in managers' investment decision; Herding", specifically, is defined as … influenced greatly by this external benchmark - most of the case they would herd. This resulted herding behavior comes out under …

This paper studies the herding behavior in managers' investment decision; Herding, specifically is defined as managers … influenced greatly by this external benchmark - most of the case they would herd. This resulted herding behavior comes out under …

the price impact of herding is more noticeable for high risk, young, non-profitable, low tangibility, and distressed firms …This study investigates the role of financial market uncertainty in institutional herding and its impact on stock … prices. We show that financial market uncertainty is a determinant of institutional herding. Fund managers tend to follow the …

form of financing decisions, in the presence of herding in the emerging markets of Brazil, Russia, India, China and South … and if so, if herding is present in these decisions. Our data spans the Top 80 listed firms in each respective country … significant in determining leverage financing decisions and that an increase in EPU leads to herding in such decisions. We find …

cryptocurrencies, indicating direct impact of herding and anchoring biases. We also discuss a new direction for analyzing behavioral …

This paper studies the herding behavior in managers’ investment decision; “Herding”, specifically, is defined as managers … influenced greatly by this external benchmark - most of the case they would herd. This resulted herding behavior comes out under …

This paper combines the recent game theoretic approach of endogenous timing of entry to herding models with a … macroeconomic model of investment cycles. The integrated description embodies the qualitative results of the myopic herding model in … recent findings of the herding literature, the stabilization potential of third parties' information revelation is …

functionals of an aggregate risk under dependence uncertainty along with its decision-theoretic implications. To arrive at our … pessimistic risk-averse dual utility but free of dependence uncertainty …

Despite well-known shortcomings as a risk measure, Value-at-Risk (VaR) is still the industry and regulatory standard … for the calculation of risk capital in banking and insurance. This paper is concerned with the numerical estimation of the …