Showing 1 - 10 of 124,749
Persistent link: https://www.econbiz.de/10012799948
Persistent link: https://www.econbiz.de/10012798807
Persistent link: https://www.econbiz.de/10014287219
Persistent link: https://www.econbiz.de/10010480926
The main objective of this paper is to present the implications for individual behavior of herd behavior understanding it as a social heuristic that in certain situations can allow to make decisions. The first part of the paper is a revision of the conventional theories and the limitations...
Persistent link: https://www.econbiz.de/10013156622
Persistent link: https://www.econbiz.de/10011695262
Persistent link: https://www.econbiz.de/10011854848
-rational inferences, drive herd behavior. In Experiment 1, unobserved, whose actions remain private, learn from the public actions made in … actions that contradict their high quality signals they herd more extensively than predicted by Bayes-rational herding …-Bayesian updating and informational misinferences are the two channels that drive excessive herding, while the strong (resp. mild …
Persistent link: https://www.econbiz.de/10011789104
Persistent link: https://www.econbiz.de/10014491748
Persistent link: https://www.econbiz.de/10012599575