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The Price Impact of Institutional Herding
16 references·3 citing·41 second hopsampled
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References

  • 1997On Persistence in Mutual Fund Performance17,267 cited
  • 1992A Simple Model of Herd Behavior6,511 cited
  • 1985Bid, ask and transaction prices in a specialist market with heterogeneously informed traders6,132 cited
  • 1999Managerial Incentive Problems: A Dynamic Perspective3,169 cited
  • 1997Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks2,844 cited
  • 2005Asset pricing with liquidity risk2,816 cited
  • 1988Herd Behavior and Investment2,815 cited
  • 2003Overconfidence and Speculative Bubbles2,227 cited
  • 1996Another Puzzle: The Growth in Actively Managed Mutual Funds2,093 cited
  • 1992The impact of institutional trading on stock prices2,068 cited
  • 1983Information Effects on the Bid-Ask Spread1,875 cited
  • 2000Mutual Fund Performance: An Empirical Decomposition into Stock‐Picking Talent, Style, Transactions Costs, and Expenses1,854 cited
  • 1999Mutual Fund Herding and the Impact on Stock Prices1,730 cited
  • 2005Asset Fire Sales (and Purchases) in Equity Markets1,704 cited
  • 2001Learning to Be Overconfident1,664 cited
  • 2000The investment behavior and performance of various investor types: a study of Finland's unique data set

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