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This paper combines the recent game theoretic approach of endogenous timing of entry to herding models with a … macroeconomic model of investment cycles. The integrated description embodies the qualitative results of the myopic herding model in … recent findings of the herding literature, the stabilization potential of third parties' information revelation is …
Persistent link: https://www.econbiz.de/10010440976
We highlight herding of investors as one major risk factor that is typically ignored in statistical approaches to … portfolio modelling and risk management. Our survey focuses on smart-beta investing where such methods and investor herding seem … modelling herding risk which merit empirical analysis. This financial economists' perspective supplements the vast statistical …
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swindled by microfinance institution. The respondents exhibited herding behaviour in their investment decisions with these …
Persistent link: https://www.econbiz.de/10012907238
We highlight herding of investors as one major risk factor that is typically ignored in statistical approaches to … portfolio modelling and risk management. Our survey focuses on smart-beta investing where such methods and investor herding seem … modelling herding risk which merit empirical analysis. This financial economists' perspective supplements the vast statistical …
Persistent link: https://www.econbiz.de/10012890376
This paper studies the herding behavior in managers' investment decision; Herding", specifically, is defined as … influenced greatly by this external benchmark - most of the case they would herd. This resulted herding behavior comes out under …
Persistent link: https://www.econbiz.de/10014239689
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