Herding and contrarian behavior in financial markets: an Internet experiment
We report results of an Internet experiment designed to test the theory of informational cascades in financial markets (Christopher Avery and Peter Zemsky, 1998). More than 6,400 subjects, including a subsample of 267 consultants from an international consulting firm, participated in the experiment....
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article (Journal) |
| Language: | English |
| Published: |
December 2005
|
| In: |
American economic review
Year: 2005, Volume: 95, Issue: 5, Pages: 1403-1426 |
| ISSN: | 1944-7981 |
| DOI: | 10.1257/000282805775014317 |
| Online Access: | Verlag, kostenfrei, Volltext: https://doi.org/10.1257/000282805775014317 Verlag, kostenfrei, Volltext: https://www.aeaweb.org/articles?id=10.1257/000282805775014317 |
| Author Notes: | Mathias Drehmann, Jörg Oechssler, and Andreas Roider |
Search Result 1