impact of herding and social influence is captured using a model incorporating the impact of social information on …

has been explained using Bayesian principles. This paper outlines the results from a herding task designed to extend these … impact on individuals' decisions. We extend these findings by identifying associations between herding propensities and …-making. Individual differences also correlate strongly with amygdala activations during herding decisions. These findings are used to …

has been explained using Bayesian principles of statistical inference. This paper outlines the results from a herding task … an impact on individuals‘ decisions. We extend these findings by identifying associations between herding propensities …

necessary and sufficient for informational herding and contrarianism. In a standard sequential security trading model, subject … information leads them to concentrate on middle values. Both herding and contrarianism generate more volatile prices, and they … lower liquidity. They are also resilient phenomena, although by themselves herding trades are self enforcing whereas …

We are the first paper to analyze and confirm the existence and extent of rational informational herding and rational … once (an irrational action in itself), increases our ability to predict herding or contrarian behavior considerabl. …

Herding and contrarian behavior are often-cited features of real-world financial markets. Theoretical models of … continuous trading that study herding and contrarianism, however, usually do not allow traders to choose when to trade or to … environment. Herding and contrarianism are significantly more pronounced than in compa- rable studies that do not allow traders to …

means of information transfer between workers is therefore similar to observational learning in herding or informational …

The standard simple sequential herding model is altered to allow a firm with a new product to have it reviewed publicly …

We extend the experimental literature on Bayesian herding using evidence from a financial decision-making experiment …. We identify significant propensities to herd increasing with the degree of herd-consensus. We test various herding models … significant associations between herding and individual characteristics such as age and personality traits. Overall, our evidence …