these lines reveals a strong role for a (tamed) herding component. The quantitative performance of the winner model is so … good that it may provide a standard for future research. -- Method of simulated moments ; moment coverage ratio ; herding …

and chartists, comprises four features: (i) price determination by excess demand; (ii) a herding mechanism that gives rise …

In this study, we test for the presence of investor herding behavior in the Tunisian stock market. Further, we explore … the explanatory factors of the occurrence of the probability of stock market booms and busts by combining herding behavior … of investors and economic and financial fundamentals. We find that investors exhibit different levels of herding behavior …

others in the market, thereby herding against their private information. This tendency is attributed to risk aversion … empirical evidence of herding in two different cross-sections of financial markets using cross-sectional deviations of stock … stock returns from January 2011 to December 2015, we examine the small and large-cap stocks for the effect of herding. We …