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 …

-making process. Herding is the deliberate mimicking of the decisions of other agents. Examples of mimicry range from the choice of … restaurant, fashion and financial market participants, to academic research. Herding may conjure negative images of irrational … provide a direct test of herding behaviour, namely the extent to which small traders mimic the positions of large speculators …

We derive microscopic foundations for a well-known probabilistic herding model in the agent-based finance literature …

Der Einführungszeitpunkt der Abgeltungsteuer zum 1.1.2009 war schon lange in der Öffentlichkeit bekannt. Der … beschränkten Informationen, einer Fokussierung auf wenige Handelstage und einer begrenzten Liquidität zu Herdenverhalten und …

Collecting public opinion data is challenging in the shadow of war. And yet accurate public opinion is crucial … challenges facing polling in war: under-coverage and response bias. We highlight these challenges in the context of the Russia …- Ukraine war, drawing on original panel survey data tracing the attitudes of the same people prior to and after Russia's full …