Ownership herding and informational herding

Enrica Carbone ()

Applied Economics Letters, 2010, vol. 17, issue 12, 1201-1204

Abstract: This article takes as its point of departure the herding model of Bikhchandani et al. (1992). We extend earlier experimental evidence to distinguish between informational herding, as in the model, and ownership herding, an alternative explanation for observed behaviour.

Date: 2010
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DOI: 10.1080/00036840902845392

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