Similar Search Results

What Causes Herding : Information Cascade or Search Cost?

LIn, William T.; Tsai, Shih-Chuan; Sun, David S. - 2013

We analyze in this study cause of herding in a stock market. Information cascades have often been considered as a … including an alternative theory based on search cost of investors, in addition to the information cascade argument. Specifically …, previous works used data with daily or lower frequency based on a herding measure of Lakonishok, Shleifer, and Vishny (1992 …

Persistent link: https://www.econbiz.de/10014198780

Increasing Action Choices and Informational Cascades

Welch, Ivo - 2023

This paper investigates the role of more action choices in a simple informational cascades (IC) model (Welch (1992), Bikhchandani, Hirshleifer, and Welch (1992)). In the canonical binary signal model with a diffuse prior on the underlying best choice, cascades disappear when agents have...

Persistent link: https://www.econbiz.de/10014354601

Informational price cascades and non-aggregation of asymmetric information in experimental asset markets

Shachat, Jason M.; Srinivasan, Anand - In: The journal of behavioral finance : a publication of … 23 (2022) 4, pp. 388-407

Persistent link: https://www.econbiz.de/10013483099

Modeling herding behavior and its risks

Weisberg, Michael - In: The journal of economic methodology 20 (2013) 1, pp. 6-18

Persistent link: https://www.econbiz.de/10009783315

Sequential choice and self-reinforcing rankings

Pipergias Analytis, Pantelis; Cerigioni, Francesco; … - 2022

Persistent link: https://www.econbiz.de/10012872401

The mechanism and influence of herding effect in investment decision making : case of enculturated actors

Raut, Rajdeep Kumar; Kumar, Manish - In: International journal of Indian culture and business … 19 (2019) 4, pp. 418-433

Persistent link: https://www.econbiz.de/10012209280

Sequential choice and self-reinforcing rankings

Pipergias Analytis, Pantelis; Cerigioni, Francesco; … - 2022

Persistent link: https://www.econbiz.de/10013365158

Animal spirits in information cascade

Li, Jianbiao; Liu Guilin; Long, Ju - In: Nankai business review international 3 (2012) 2, pp. 167-186

Persistent link: https://www.econbiz.de/10009575227

Informational cascades, herding bias, and food taste evaluations

Hansen, Håvard - In: Journal of food products marketing 20 (2014) 1, pp. 1-16

Persistent link: https://www.econbiz.de/10010355148

Simple model of herd behaviour : a comment

Morone, Andrea - 2008

is based on three tie-breaking assumptions, which according to Banerjee minimise herding probabilities. In this paper we … herding does not change dramatically, the results obtained, which differ from Banerjee's are the following: players …

Persistent link: https://www.econbiz.de/10011523582