. Higher risk taking may be explained by a higher degree of overconfidence, less herding behavior, or a lower degree of risk … of previous studies, we find that herding is decreasing with experience while the evidence concerning risk taking and …, geringeres Herdenverhalten oder durch geringere Risikoaversion erklärt werden. Da die Ergebnisse vorheriger Studien bezüglich des …

This paper employs a new and comprehensive data set to investigate short-term herding behavior of institutional … investors. Using data of all transactions made by financial institutions in the German stock market, we show that herding … behavior occurs on a daily basis. However, in contrast to longer-term herding measures obtained from quarterly data, results …

This paper relates on the impact of global crisis on China from a systemic point of view. In what ways external and … internal adaptation pressures influenced the transformation of the party-state system in China? Did reactions have an impact on …

Bikhchandani und Sharma (2000), haben gezeigt, dass Herdenverhalten eine wichtige Rolle bei der Erklärung von Preisübertreibungen …

Recent research has shown that institutional herding is a relevant phenomenon in stock markets. Do institutional … equivalent by institutional investors. Consequently, we construct "bond groups" consisting of similar bonds and analyze herding … at a "bond group" level. Our results indicate that there is strong evidence of herding, albeit it is weaker than in stock …

This study examines herding behavior in the Pakistani Stock Market under different market conditions, focusing on the … J 51:31-37, 1995) and Chang et al., (J Bank Finance 24:1651-1679, 2000) are used for herding estimations. Results based … on daily stock data reveal that there is an absence of herding behavior during rising (up) and falling (down) market as …