Purpose–The purpose of this paper is to provide a review of theory and empirical evidence
on herding behavior in financial markets. Design/methodology/approach–Review and …

It is understandable that people ask how the current financial crisis could happen. As the
market actors appear irrational, it is also understandable that people—lay people and …

The growth of social media over the last decade has revolutionized the way individuals
interact and industries conduct business. Individuals produce data at an unprecedented rate …

Before news organizations began putting their content online, people got the news in print or
on TV and almost always outside of the workplace. But nowadays, most of us keep an eye …

Herd literature suggests that people tend to discount their own beliefs and imitate others
when making adoption decisions and that the resulting adoption decisions are fragile and …

We use a simple, three-item test for cognitive abilities to investigate whether established
behavioral biases that play a prominent role in behavioral economics and finance are …

With the spread of Covid-19, investors' expectations changed during 2020, as well as
financial markets' policy responses and the structure of global financial intermediation itself …

The ways financial analysts, traders, and other specialists use information and learn from
each other are of fundamental importance to understanding how markets work and prices …

Investors' decision-making are influenced by certain biases as reported in literature.
Fundamental analysis is based on the assumption that investors think rationally, but in …

Using box-office data for all movies released between 1982 and 2000, I quantify how much
the consumption decisions of individuals depend on information they receive from their …