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| Author: | Bikhchandani, S. Sharma, S. |
| Title: | Herd behavior in financial markets |
| Journal: | IMF Staff papers
2001 : VOL. 47:3, p. 279-310 |
| Index terms: | Financial markets |
| Freeterms: | Herd behaviour |
| Language: | eng |
| Abstract: | An overview of the recent theoretical and empirical research on herd behaviour in financial markets is provided in this article. It looks at what is meant by herding, the causes of herd behaviour, the success of existing studies in identifying the phenomenon, and the effect that herding has on financial markets. |
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