Herd behavior

This paper discusses three papers which examine sell-side analysts from the perspective of Behavioral Finance: Limkriangkrai and Durand, forthcoming; Durand, Limkriangkrai and Fung, 2014; and Durand, Limkriangkrai and Fung, 2019. Distraction, attention, herding, and overconfidence are behavioral phenomena inextricably entangled with the information analysts produce. The paper proposes that such entanglement may be a useful concept to explain deviations from prima facie correct pricing.

9p longtimenosee09 08-04-2024 3 1   Download

Part 2 book "Rabbit production" includes content: Rabbit diseases and health problems, rabbit reproduction, rabbit behavior, principles of rabbit genetics, breeding systems, genetic selection for herd improvement, coat color genetics of rabbits, rabbit shows, pet rabbits, animal welfare, rabbits for family and small farm development, rabbit production in developing countries, angora wool production, meat production, harvesting and preparation of meat and skins, marketing rabbits and their products.

171p muasambanhan10 03-04-2024 6 1   Download

This research is aimed to conduct an empirital test on supply chain herding behavior of domestic investors in capital market in Indonesia by assuming that supply chain herding behavior is affected by the social effect of established investors and the informative effect of information regarding Earning Per Share (EPS) value. Motivation behind this research is a concern that many investors often make mistakes repeatedly in their investment decision, which later it forces them to suffer a great loss. This phenomenon is explained using Behavioral Finance Theory.

9p longtimenosee07 29-03-2024 3 2   Download

Part 1 book "Diseases of swine" includes content: Herd evaluation; behavior and welfare; genetics and health; effect of environment on health, differential diagnosis of diseases; diagnostic tests, test performance, and considerations for interpretation; optimizing sample selection, collection, and submission to optimize diagnostic value; collecting evidence and establishing causality; disease control, prevention, and elimination;... and other contents.

396p muasambanhan04 11-01-2024 4 1   Download

Part 1 of ebook "What investors really want: Discover what drives investor behavior and make smarter financial decisions" provides readers with contents including: we want high returns with no risk; we have thoughts, some erroneous; we have emotions, some misleading; we want to play, and win; chapter five - we join herds and inflate bubbles; we want self control and mental accounts; we want to save for tomorrow and spend it today; we want hope for riches and freedom from the fear of poverty;...

137p tuongnhuoclan 27-11-2023 6 3   Download

Part 1 book "Genetics and the behavior of domestic animals" includes content: Behavioral genetics and animal science; behavioral genetics and animal domestication; how studying interactions between animal emotions, cognition, and personality can contribute to improve farm animal welfare; genetics and behavior during handling, restraint, and herding; reproductive and maternal behavior of livestock; factors influencing the expression of behavior in the domestic dog.

275p oursky09 12-11-2023 10 3   Download

This paper makes two major contributions. Firstly, it adds to the literature on the role of foreign investors for the stability of the stock market through its impact on stock market volatility and liquidity in Vietnam. As a result, and secondly, this is a useful reference for policy makers to help them make appropriate policy amendments that ensure the stability of the Vietnamese stock market.

10p viwolverine 11-07-2023 8 5   Download

The study examines herding behavior in Vietnam stock market at sectorial level under different market conditions. The study employs the cross-sectional absolute deviation (CSAD) method developed by Chang, Cheng and Khorana (2000). The data contains daily 135 stock prices divided into 20 industries from 02nd Jan/2007 to 31st Dec/2017.

10p vihassoplattner 07-01-2022 19 3   Download

This study explores the relationship between social influence and students’ university choice. We will statistically examine relationships between herding, informational social influence, normative social influence and the decision to choose a university. We borrowed the scale adjustments of Baddeley (2010), Burnkrant and Cousineau (1975), and Ajzen (1991). Our sample of 502 students was collected from seven universities in Hanoi, Vietnam. After running regression, the results of our study indicate that there is an effect between social influence and university choice.

11p huyetthienthan 23-11-2021 19 1   Download

This study captures the impact of herding behavior and overconfidence biases on the investors’ decision-making in Pakistan. The proposed study collects the necessary data through questionnaires distributed among 150 respondents who were active in stock market and manage to process 100 completed ones.

10p kelseynguyen 26-05-2020 42 1   Download

This study investigates the spillover effects of the herding behavior of institutional investors in industries using the new spillover index. We further examine the lead-lag relationship between the herding spillover index and stock market. Finally, this paper furthers our understanding of the momentum strategy in industries. The empirical evidence indicates that industry herding in terms of semi-conductor manufacturing has had a significant impact on other types of industry herding.

25p trinhthamhodang2 19-01-2020 28 6   Download

A challenge to EMH is that individuals often overreact and underreact to news causing stock markets to react according to investor behaviour in their investment decision making. Generally, the study determined the effect of investor behaviour on stock market reaction of listed companies in Kenya.

34p chauchaungayxua2 19-01-2020 33 3   Download

The paper finds no volatility clustering and volatility persistence except in case of small cap index. This paper finds presence of noise trade and investors over-reaction in small cap stocks. EGARCH result supports for the presence of leverage effect, and confirms negative impact of consumer sentiment on small cap stocks.

14p viankara2711 04-12-2019 16 1   Download

This study examined the impact of stock market liquidity on herding behaviour of investors in Nigerian stock market with focus on Conglomerate and Consumer goods sectors. Monthly data of stock returns and market capitalization for fifteen years from 2001 – 2015 were used and 28 companies' stocks from both sectors were considered. OLS model was used to determine the impact, existence and extent of herding behavior in these sectors.

6p quilen 08-11-2019 23 3   Download

The results reveal that herding presents in Vietnam market, but the types of stocks herded vary given the market conditions, liquidity and foreign investors trading. Herding appears to concentrates in market down-days, and in liquid stocks. Stocks that foreign investors net buy are herded aggressive across all liquidity level and in all market conditions. Stocks that foreign investors net sell are herded only in market up-days, and mostly within the groups of liquid stocks.

14p vixuka2711 12-06-2019 28 2   Download

Organic milk production systems rely on ecologically based practices that virtually prohibit the use of antibiotics and hormones in the cow herd and the use of synthetic chemicals in the production of cattle feed. Organic milk production systems also attempt to accommodate the animals’ natural nutritional and behavioral requirements, for example ensuring that dairy cows have access to pasture (Greene and Kremen).

174p conduongdinhmenh 07-05-2013 63 6   Download

Another use of mobility comes about if the specific area of interest (within a larger area) is unknown during deployment. For example, if a network is deployed to monitor the migration of a herd of animals, the herd’s exact path through an area will be unknown beforehand. But as the herd moves, the sensors could converge on it to get the maximum amount of data. In addition, the sensors could move such that they also maintain complete coverage of their environment while reacting to the events in that environment.

9p giamdocamnhac 06-04-2013 62 6   Download

Improvement in the economic and financial outlook since the spring of 2009 reflects a broad and aggressive policy response that has included the initiatives and programs under HERA and TARP as discussed above, other financial stability policies implemented by the FDIC and the Board of Governors of the Federal Reserve, accommodative monetary policy, and the American Recovery and Reinvestment Act of 2009 (ARRA or the Recovery Act).

32p mebachano 01-02-2013 76 6   Download

According to the definition of herd behavior given above, herding results from an obvious intent by investors to copy the behavior of other investors. This should be distinguished from “spurious herding” where groups facing similar decision problems and information sets take similar decisions. Such spurious herding is an efficient outcome whereas “intentional” herding, as explained in Section I, need not be efficient.

40p mebachano 01-02-2013 49 4   Download

Both versions of synthesis allow inclusion and estimation of spawner-recruitment functions. When detailed age composition data are lacking, the estimated spawner-recruitment curve can be used to generate the entire time series of recruitments, thus turning synthesis into a simple production model. At the other extreme, inclusion of the spawner-recruitment curve in data-rich models allows estimation of this curve while taking into account all available information.

31p bocapchetnguoi 05-12-2012 52 5   Download