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Financial crises as herds: overturning the critiques
16 references·16 citing·41 second hopsampled
Financial crises as herds: overturning the critiques (2003)Financial crises as herds: overturning th…Self-Fulfilling Debt Crises (2000)Self-Fulfilling Debt CrisesPathological Outcomes of Observational Learning (2000)Pathological Outcomes of Obse…Multidimensional Uncertainty and Herd Behavior in Financial Markets (1998)Multidimensional Uncertainty …Market Crashes and Informational Avalanches (1998)Market Crashes and Informatio…The Mexican Peso Crisis: Sudden Death or Death Foretold? (1996)The Mexican Peso Crisis: Sudd…Rational herding in financial economics (1996)Rational herding in financial…Mexico's balance-of-payments crisis: a chronicle of a death foretold (1996)Mexico's balance-of-payments …Endogenous Timing and the Clustering of Agents' Decisions (1995)Endogenous Timing and the Clu…Information Revelation and Strategic Delay in a Model of Investment (1994)Information Revelation and St…On the Convergence of Informational Cascades (1993)On the Convergence of Informa…Finite Bubbles with Short Sale Constraints and Asymmetric Information (1993)Finite Bubbles with Short Sal…Business as Usual, Market Crashes, and Wisdom after the Fact (1992)Business as Usual, Market Cra…A Simple Model of Herd Behavior (1992)A Simple Model of Herd Behavi…Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Bid, ask and transaction pric…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…Information Cascades and Social Learning (2024)Information Cascades and Soci…Information Cascades and Threshold Implementation: Theory and an Application to Crowdfunding (2023)Information Cascades and Thre…What make investors herd while investing in the Indian stock market? A hybrid approach (2021)What make investors herd whil…Information Cascades and Social Learning (2021)Information Cascades and Soci…Political Instability and Herding Behaviour: Evidence from Egypt’s Stock Market (2018)Political Instability and Her…What Explains Herd Behavior in the Chinese Stock Market? (2016)What Explains Herd Behavior i…Economic coercion and currency crises in target countries (2015)Economic coercion and currenc…A Social-Psychological Perspective on Herding in Stock Markets (2014)A Social-Psychological Perspe…Do ADR investors herd?: Evidence from advanced and emerging markets (2013)Do ADR investors herd?: Evide…Biased social learning (2013)Biased social learningFinancial crisis and extreme market risks: Evidence from Europe (2012)Financial crisis and extreme …Herding, information uncertainty and investors' cognitive profile (2011)Herding, information uncertai…Asymmetric herding as a source of asymmetric return volatility (2011)Asymmetric herding as a sourc…Herding and bank runs (2010)Herding and bank runsThe Effects of Global Financial Crisis on Nigerian Economy (2009)The Effects of Global Financi…Herding and Contrarian Behavior in Financial Markets (2006)Herding and Contrarian Behavi…Standardization, Compatibility, and Innovation (1985)Large Shareholders and Corporate Control (1986)Learning by Doing and the Choice of Technology (1996)Training and Innovation in an Imperfect Labour Market (1997)Bayesian learning in social networks (2003)The General Theory of Employment, Interest and Money. (1936)The General Theory of Employment, Interest and Money. (1936)Bank Runs, Deposit Insurance, and Liquidity (1983)An examination of herd behavior in equity markets: An international perspective (2000)Herd Behavior in Financial Markets (2000)Herding among security analysts (2000)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Illiquidity and stock returns: cross-section and time-series effects (2002)Market Liquidity and Funding Liquidity (2008)Optimal fiscal and monetary policy in an economy without capital (1983)Optimal Taxation of Capital Income in General Equilibrium with Infinite Lives (1986)Foundations of International Macroeconomics (1997)Financial Contagion Journal of Political Economy (1998)The Economics and Law of Sovereign Debt and Default (2009)Banking, Liquidity, and Bank Runs in an Infinite Horizon Economy (2015)A Model of Balance-of-Payments Crises (1979)Interpreting the macroeconomic time series facts (1992)Are Currency Crises Predictable? A Test (1999)Determinants of Sovereign Risk: Macroeconomic Fundamentals and the Pricing of Sovereign Debt (2010)Default and the Maturity Structure in Sovereign Bonds (2012)Network externalities, competition, and compatibility (1985)A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets (1999)Investor Psychology and Asset Pricing (2001)Using Online Conversations to Study Word-of-Mouth Communication (2004)Word-of-Mouth Communication and Social Learning (1995)Innovation Diffusion in Heterogeneous Populations: Contagion, Social Influence, and Social Learning (2009)Bayesian Learning in Social Networks (2011)Non-Bayesian social learning (2012)Noise Trader Risk in Financial Markets (1990)Efficient Capital Markets: II (1991)Investor Psychology and Security Market Under‐ and Overreactions (1998)Does herding behavior exist in Chinese stock markets? (2005)Information Uncertainty and Expected Returns (2005)Manipulation and the Allocational Role of Prices (2008)
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References

  • 1992A Simple Model of Herd Behavior6,511 cited
  • 1985Bid, ask and transaction prices in a specialist market with heterogeneously informed traders6,132 cited
  • 1980On the Impossibility of Informationally Efficient Markets5,122 cited
  • 1980On the Impossibility of Informationally Efficient Markets3,640 cited
  • 1996Rational herding in financial economics1,272 cited
  • 2000Pathological Outcomes of Observational Learning785 cited
  • 1998Multidimensional Uncertainty and Herd Behavior in Financial Markets748 cited
  • 2000Self-Fulfilling Debt Crises739 cited
  • 1996Mexico's balance-of-payments crisis: a chronicle of a death foretold528 cited
  • 1994Information Revelation and Strategic Delay in a Model of Investment490 cited
  • 1993Finite Bubbles with Short Sale Constraints and Asymmetric Information435 cited
  • 1992Business as Usual, Market Crashes, and Wisdom after the Fact246 cited
  • 1995Endogenous Timing and the Clustering of Agents' Decisions229 cited
  • 1996The Mexican Peso Crisis: Sudden Death or Death Foretold?222 cited
  • 1998Market Crashes and Informational Avalanches218 cited
  • 1993

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On the Convergence of Informational Cascades
211 cited

Cited by

  • 2015Economic coercion and currency crises in target countries115 cited
  • 2016What Explains Herd Behavior in the Chinese Stock Market?72 cited
  • 2006Herding and Contrarian Behavior in Financial Markets69 cited
  • 2024Information Cascades and Social Learning66 cited
  • 2011Herding, information uncertainty and investors' cognitive profile60 cited
  • 2010Herding and bank runs56 cited
  • 2018Political Instability and Herding Behaviour: Evidence from Egypt’s Stock Market53 cited
  • 2021Information Cascades and Social Learning52 cited
  • 2009The Effects of Global Financial Crisis on Nigerian Economy49 cited
  • 2013Biased social learning48 cited
  • 2012Financial crisis and extreme market risks: Evidence from Europe46 cited
  • 2011Asymmetric herding as a source of asymmetric return volatility45 cited
  • 2013Do ADR investors herd?: Evidence from advanced and emerging markets42 cited
  • 2021What make investors herd while investing in the Indian stock market? A hybrid approach42 cited
  • 2014A Social-Psychological Perspective on Herding in Stock Markets40 cited
  • 2023Information Cascades and Threshold Implementation: Theory and an Application to Crowdfunding38 cited