Herd Behavior in Financial Markets
By Sushil Bikhchandani, Sunil K. Sharma. International Monetary Fund Staff Papers, 2000
1,150 citations recorded by the source corpus.
This paper provides an overview of the recent theoretical and empirical research on herd behavior in financial markets. It looks at what precisely is meant by herding, the causes of herd behavior, the success of existing studies in identifying the phenomenon, and the effect that herding has on financial markets.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/a9398cc822082d93d44c005f79e17cc75a51f612
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Siew Hong Teoh
- S. Schmukler
- David A. Hirshleifer
- Shang-jin Wei
- Andrew Whinston
- Wenjing Duan
- Alessandro Rebucci
- A. Mobarek
In Finance
- David A. Hirshleifer
- Siew Hong Teoh
- S. Schmukler
- Shang-jin Wei
- Alessandro Rebucci
- A. Mobarek
- E. Borensztein
- Bin Gu
Citations in the corpus
- Herd Behaviour and Cascading in Capital Markets: A Review and Synthesis (2003, background): “Bikhchandani and Sharma (2001) critically review alternative empirical measures of herding.”
- Herd Behavior in Financial Markets: An Experiment with Financial Market Professionals (2008, neutral): “29 (1) (2) (3) (4) ( 5 ) Gender”
- Responding to global infectious disease outbreaks: Lessons from SARS on the role of risk perception, communication and management (2006, background): “This would tend to result in behaviour that is sensitive to random events and dependent on the choices of those that first react, but is also sensitive to new information and thus easily reversed ( Bikchandani & Sharma, 2001 ).”