Herd Behavior in Financial Markets.
We study herd behavior in a laboratory financial market with financial market professionals. We compare two treatments, one in which the price adjusts to the order flow so that herding should never occur, and one in which event uncertainty makes herding possible. In the first treatment, subjects her...
Cote: | Libro Electrónico |
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Auteur principal: | |
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Format: | Électronique eBook |
Langue: | Inglés |
Publié: |
Washington :
International Monetary Fund,
2008.
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Collection: | IMF Working Papers.
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Sujets: | |
Accès en ligne: | Texto completo |