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Herd on the Street: Informational Inefficiencies in a Market with Short‐Term Speculation
16 references·16 citing·21 second hopsampled
Herd on the Street: Informational Inefficiencies in a Market with Short‐Term Speculation (1992)Herd on the Street: Informational Ineffic…Positive Feedback Investment Strategies and Destabilizing Rational Speculation (1990)Positive Feedback Investment …Noise Trader Risk in Financial Markets (1990)Noise Trader Risk in Financia…Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior (1989)Efficient Capital Markets, In…Herd Behavior and Investment (1988)Herd Behavior and InvestmentA Theory of Intraday Patterns: Volume and Price Variability (1988)A Theory of Intraday Patterns…Standardization, Compatibility, and Innovation (1985)Standardization, Compatibilit…Network externalities, competition, and compatibility (1985)Network externalities, compet…Multimarket Oligopoly: Strategic Substitutes and Complements (1985)Multimarket Oligopoly: Strate…Continuous Auctions and Insider Trading (1985)Continuous Auctions and Insid…Bubbles, Rational Expectations and Financial Markets (1982)Bubbles, Rational Expectation…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…On the aggregation of information in competitive markets (1980)On the aggregation of informa…ON THE EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION (1976)ON THE EFFICIENCY OF COMPETIT…The General Theory of Employment (1937)The General Theory of Employm…The General Theory of Employment, Interest and Money. (1936)The General Theory of Employm…Rise of the Machines: Algorithmic Trading in the Foreign Exchange Market (2014)Rise of the Machines: Algorit…Innovation and Institutional Ownership (2010)Innovation and Institutional …WHAT DO WE KNOW ABOUT THE PROFITABILITY OF TECHNICAL ANALYSIS? (2007)WHAT DO WE KNOW ABOUT THE PRO…Beauty Contests and Iterated Expectations in Asset Markets (2006)Beauty Contests and Iterated …What Determines the Domestic Bias and Foreign Bias? Evidence from Mutual Fund Equity Allocations Worldwide (2005)What Determines the Domestic …The Dynamics of Institutional and Individual Trading (2003)The Dynamics of Institutional…Institutional Herding (2003)Institutional HerdingHerd Behaviour and Cascading in Capital Markets: a Review and Synthesis (2003)Herd Behaviour and Cascading …Synchronization risk and delayed arbitrage (2002)Synchronization risk and dela…The portfolio flows of international investors (2001)The portfolio flows of intern…Global Capital and National Governments (2001)Global Capital and National G…Herding among security analysts (2000)Herding among security analys…Herding among Investment Newsletters: Theory and Evidence (1999)Herding among Investment News…Volatilities of different time resolutions — Analyzing the dynamics of market components (1997)Volatilities of different tim…Following the Pied Piper: Do Individual Returns Herd around the Market? (1995)Following the Pied Piper: Do …Security Analysis and Trading Patterns When Some Investors Receive Information Before Others (1994)Security Analysis and Trading…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The impact of institutional trading on stock prices (1992)The Limits of Arbitrage (1995)The Categorical Imperative: Securities Analysts and the Illegitimacy Discount (1999)The Behavior of Stock-Market Prices (1965)Investor Sentiment and the Cross‐Section of Stock Returns (2006)A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices (1973)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Measuring the Information Content of Stock Trades (1991)ARCH modeling in finance (1992)Efficient Capital Markets: II (1991)Investor Psychology and Security Market Under‐ and Overreactions (1998)Competing Technologies, Increasing Returns, and Lock-In by Historical Events (1989)A Simple Model of Herd Behavior (1992)Dynamic capabilities and strategic management (1997)Illiquidity and stock returns: cross-section and time-series effects (2002)Increasing Returns and Path Dependence in the Economy (1994)Does the Stock Market Overreact? (1985)Giving Content to Investor Sentiment: The Role of Media in the Stock Market (2007)Introduction: epistemic communities and international policy coordination (1992)Postwar U.S. Business Cycles: An Empirical Investigation (1997)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1936The General Theory of Employment, Interest and Money.14,486 cited
  • 1985Continuous Auctions and Insider Trading9,626 cited
  • 1990Noise Trader Risk in Financial Markets6,259 cited
  • 1985Network externalities, competition, and compatibility6,093 cited
  • 1937The General Theory of Employment5,168 cited
  • 1980On the Impossibility of Informationally Efficient Markets5,122 cited
  • 1980On the Impossibility of Informationally Efficient Markets3,640 cited
  • 1988A Theory of Intraday Patterns: Volume and Price Variability3,120 cited
  • 1988Herd Behavior and Investment2,815 cited
  • 1985Standardization, Compatibility, and Innovation2,601 cited
  • 1989Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior2,585 cited
  • 1985Multimarket Oligopoly: Strategic Substitutes and Complements2,526 cited
  • 1990Positive Feedback Investment Strategies and Destabilizing Rational Speculation2,197 cited
  • 1976ON THE EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION1,438 cited
  • 1980On the aggregation of information in competitive markets1,247 cited

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1982
Bubbles, Rational Expectations and Financial Markets
1,130 cited

Cited by

  • 1995Following the Pied Piper: Do Individual Returns Herd around the Market?1,170 cited
  • 2001The portfolio flows of international investors956 cited
  • 2003Institutional Herding898 cited
  • 2005What Determines the Domestic Bias and Foreign Bias? Evidence from Mutual Fund Equity Allocations Worldwide893 cited
  • 2003Herd Behaviour and Cascading in Capital Markets: a Review and Synthesis888 cited
  • 2000Herding among security analysts832 cited
  • 1999Herding among Investment Newsletters: Theory and Evidence759 cited
  • 1997Volatilities of different time resolutions — Analyzing the dynamics of market components745 cited
  • 1994Security Analysis and Trading Patterns When Some Investors Receive Information Before Others724 cited
  • 2001Global Capital and National Governments633 cited
  • 2007WHAT DO WE KNOW ABOUT THE PROFITABILITY OF TECHNICAL ANALYSIS?609 cited
  • 2014Rise of the Machines: Algorithmic Trading in the Foreign Exchange Market606 cited
  • 2006Beauty Contests and Iterated Expectations in Asset Markets573 cited
  • 2010Innovation and Institutional Ownership553 cited
  • 2002Synchronization risk and delayed arbitrage551 cited
  • 2003The Dynamics of Institutional and Individual Trading506 cited