Herd behavior and investment: reply

Article Abstract:

In 1990, David Scharfstein and Jeremy Stein presented a model demonstrating how reputation conscious "dumb" agents might ignore information and simply imitate the behavior of "smart" managers: a "follow the herd" scenario. Since that time, empirical evidence has been found to support that idea.

---

Herd behavior and investment: comment

Article Abstract:

A definition of "herd behavior" is provided, and a model of the sequential investment behavior of agents is examined and summarized.

Analysis, Financial planning

---

Investor sentiment and corporate finance: micro and macro

Article Abstract:

Effects of stock prices on merger activity and corporate equity issuance are presented.

Forecasts, trends, outlooks, Securities issued, listed, Stocks, Forecasts and trends, Acquisitions and mergers, Influence, Market trend/market analysis, Securities, Stock prices, Company securities, Equity (Finance)

Similar abstracts:

• Abstracts: Central bank indepedence and coordinating monetary and fiscal policy. The independence of the Bank of England: an update
• Abstracts: Financial intermediation and growth: causality and causes. Finance and the sources of growth. Bank supervision and corruption in lending
• Abstracts: Oman's basic law of the state: a landmark enactment. Restructuring Oman's court system and judiciary: five sultani decrees
• Abstracts: The social selection of flexible and rigid agents. A simple approach for deciding when to invest. A theory of rigid extremists and flexible moderates with an application to the U.S. Congress

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.