The Market for Lemmings, or A Tale of Two Cultures

Colin Read
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Colin Read: SUNY College

Chapter 21 in The Fear Factor, 2009, pp 173-178 from Palgrave Macmillan

Abstract: Abstract What is it that causes the masses of investors to panic and run for the doors? And who manages to lead the charge?

Keywords: Hedge Fund; Noncooperative Game; Coordination Failure; Incorrect State; Financial Leader (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25086-4_22

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DOI: 10.1057/9780230250864_22

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