Herd Behavior in Financial Markets: An Experiment with Financial Market Professionals

By M. Cipriani, Antonio Guarino. 2008

133 citations recorded by the source corpus.

Subfields: Management Science and Operations Research, Safety Research

View Paper: https://www.semanticscholar.org/paper/dd421e4e5c65e2b382becec52a1694bd526fda22

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Management Science and Operations Research

1. Imran Rasul
2. John A. List
3. B. Hintermann
4. Jackson Loomis
5. Jayson L. Lusk
6. James J. Murphy
7. Thomas Stevens
8. J. Ladenburg

In Safety Research

1. Imran Rasul
2. John A. List
3. B. Hintermann
4. Daniel John Zizzo
5. Steven D. Levitt
6. I. Barankay
7. Armin Falk
8. Eugen Dimant

Citations in the corpus

• Allowance Price Drivers in the First Phase of the EU ETS (2010, background): “Bubbles and “herding” behavior have been shown to exist and persist in experiments even with experienced subjects [34, 35].”
• Field experiments in labor economics (2010, methodology): “In the past decade, artefactual field experiments have been used in financial applications (Alevy et al. 2007, Cipriani and Guarino 2009), to test predictions of game theory (List et al. 2009), and in applications associated with labor economics (Cooper et al. 1999).20 Another example of the use of…”
• The Effects of Key Audit Matters on the Auditor’s Report’s Communicative Value: Experimental Evidence from Investment Professionals and Non-professional Investors (2020, result): “…of the underlying population, we compared participant characteristics with a set of other experimental studies using investment professionals as well (e.g. Abdellaoui, Bleichrodt, & Kammoun, 2013; Cipriani & Guarino, 2009; Cohn, Engelmann, Fehr, & Maréchal, 2015; Jin, Drozdenko, & DeLoughy, 2013).”