Using the traditional herding measure of Lakonishok, Shleifer and Vishny (1992) (LSV) and the more recent measure of … Frey, Herbst and Walter (2007) (FHW), we assess herding by French equity mutual funds between 1999 and 2005. We show that … LSV herding amounts to 6.5%, while FHW herding is approximately 2.5 times stronger. We find that herding is stronger in …

This paper addresses the traditional Lakonishok, Shleifer and Vishny (LSV) herding measure and points out its lack of … formal explanation of this bias and propose a more appropriate measure of herding. We then turn to the properties of the new … propose a corrected version of their indicator. We also show that the real herding value is within an interval bounded by LSV …

communities in the fields of agriculture, herding and agroforestry. …

distinctes. La morale de la bourse chez Regnault, la science de la bourse chez Bachelier et la pratique de la bourse chez Cowles …

consacré aux trois types d'institutions qui dominent alors le marché des capitaux à long terme en dehors de la Bourse de valeur …