Theriou, Nikolaos; Mlekanis, George; Maditinos, Dimitrios - In: European Research Studies Journal XIV (2011) 4, pp. 131-154
Behavioural finance is a paradigm receiving great attention in the last decades and shaking the foundations of modern finance. A broadly discussed behavioural bias is herding, i.e. the tendency of investors to imitate each others’ decisions. Herding is a phenomenon with far-reaching...