forecast and herding, as bulk deals by institutional investors decide the feat of a stock even on the futuristic possibility of …

restored. Only a small sample of observations is needed to make our herding equilibrium behave like a full-information sunspot …

We characterize optimal strategies in a simple herding model where observations have a small cost. We assume that there …) herding does not arise deterministically in this model when the cost of observation is small.  …

reaction through the lenses of prospect theory, overreaction, and herding. Design/methodology/approach – The authors test for … prospect theory of Kahneman and Tversky (1979) as well as the disposition effect of Shefrin and Statman (1985). Evidence also … exists consistent with the herding and overreaction hypotheses. Practical implications – The evidence suggests contrarian …

. Findings The research establishes that among Chilean equity mutual funds, there is a herding of 2.8 percent, implying that for …, despite existing evidence of herding in international markets, it has been little quantified or studied in emerging markets …

Purpose The purpose of this paper is to uncover an institutional reason behind herding and the key to successful … conceptual framework. Findings The proposed PAH can explain some herding episodes that were generated for the purpose of … explanation for the causality of herding that complements the traditional literature on the psychological weaknesses of investors …

decision-making process. Male investors are more prone to overconfidence and herding bias in India. Research limitations …

who exhibit herd behaviour, the focus on equity in home bias, and indecisive empirical findings on herding bias. Research …

, whereas individual investors tend to be negative feedback traders. Both investor categories appear to be engaged in herding …