Herd Behavior in Financial Markets
Author | : Sushil Bikhchandani |
Publisher | : |
Total Pages | : 38 |
Release | : 2000 |
Genre | : Capital market |
ISBN | : |
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Author | : Sushil Bikhchandani |
Publisher | : |
Total Pages | : 38 |
Release | : 2000 |
Genre | : Capital market |
ISBN | : |
Author | : David Dreman |
Publisher | : Simon and Schuster |
Total Pages | : 498 |
Release | : 2012-01-10 |
Genre | : Business & Economics |
ISBN | : 0743297962 |
Introduces important new findings in psychology to demonstrate why most investment strategies are flawed, outlining atypical strategies designed to prevent over- and under-valuations while crash-proofing a portfolio.
Author | : Narjess Boubakri |
Publisher | : Emerald Group Publishing |
Total Pages | : 402 |
Release | : 2011-09-27 |
Genre | : Business & Economics |
ISBN | : 1780522428 |
Examines various issues concerning the strategies of institutional investors, the role of institutional investors in corporate governance, their impact on local and international capital markets, as well as the emergence of sovereign and other asset management funds and their interactions with micro and macro economic and market environments.
Author | : Narjess Boubakri |
Publisher | : Emerald Group Publishing |
Total Pages | : 402 |
Release | : 2011-09-27 |
Genre | : Business & Economics |
ISBN | : 1780522436 |
Examines various issues concerning the strategies of institutional investors, the role of institutional investors in corporate governance, their impact on local and international capital markets, as well as the emergence of sovereign and other asset management funds and their interactions with micro and macro economic and market environments.
Author | : Catherine Breniquet |
Publisher | : Oxbow Books |
Total Pages | : 473 |
Release | : 2014-07-31 |
Genre | : History |
ISBN | : 1782976310 |
The history of the Ancient Near East covers a huge chronological frame, from the first pictographic texts of the late 4th millennium to the conquest of Alexander the Great in 333 BC. During these millennia, different societies developed in a changing landscape where sheep (and their wool) always played an important economic role. The 22 papers presented here explore the place of wool in the ancient economy of the region, where large-scale textile production began during the second half of the 3rd millennium. By placing emphasis on the development of multi-disciplinary methodologies, experimentation and use of archaeological evidence combined with ancient textual sources, the wide-ranging contributions explore a number of key themes. These include: the first uses of wool in textile manufacture and organization of weaving; trade and exchange; the role of wool in institutionalized economies; and the reconstruction of the processes that led to this first form of industry in Antiquity. The numerous archaeological and written sources provide an enormous amount of data on wool, textile crafts, and clothing and these inter-disciplinary studies are beginning to present a comprehensive picture of the economic and cultural impact of woollen textiles and textile manufacturing on formative ancient societies.
Author | : G. Gregoriou |
Publisher | : Springer |
Total Pages | : 446 |
Release | : 2015-12-17 |
Genre | : Business & Economics |
ISBN | : 0230626505 |
This book addresses the importance of diversification for reducing volatility of investment portfolios. It shows how to improve investment efficiency, and explains how international diversification reduces overall risk while enhancing performance. This book is a crucial tool for any investor looking to improve the profit gain from their investment.
Author | : Shoshana Zuboff |
Publisher | : PublicAffairs |
Total Pages | : 683 |
Release | : 2019-01-15 |
Genre | : Business & Economics |
ISBN | : 1610395700 |
The challenges to humanity posed by the digital future, the first detailed examination of the unprecedented form of power called "surveillance capitalism," and the quest by powerful corporations to predict and control our behavior. In this masterwork of original thinking and research, Shoshana Zuboff provides startling insights into the phenomenon that she has named surveillance capitalism. The stakes could not be higher: a global architecture of behavior modification threatens human nature in the twenty-first century just as industrial capitalism disfigured the natural world in the twentieth. Zuboff vividly brings to life the consequences as surveillance capitalism advances from Silicon Valley into every economic sector. Vast wealth and power are accumulated in ominous new "behavioral futures markets," where predictions about our behavior are bought and sold, and the production of goods and services is subordinated to a new "means of behavioral modification." The threat has shifted from a totalitarian Big Brother state to a ubiquitous digital architecture: a "Big Other" operating in the interests of surveillance capital. Here is the crucible of an unprecedented form of power marked by extreme concentrations of knowledge and free from democratic oversight. Zuboff's comprehensive and moving analysis lays bare the threats to twenty-first century society: a controlled "hive" of total connection that seduces with promises of total certainty for maximum profit -- at the expense of democracy, freedom, and our human future. With little resistance from law or society, surveillance capitalism is on the verge of dominating the social order and shaping the digital future -- if we let it.
Author | : Antonio Guarino |
Publisher | : International Monetary Fund |
Total Pages | : 36 |
Release | : 2010-12-01 |
Genre | : Business & Economics |
ISBN | : 1455215554 |
We develop a new methodology to estimate the importance of herd behavior in financial markets: we build a structural model of informational herding that can be estimated with financial transaction data. In the model, rational herding arises because of information-event uncertainty. We estimate the model using data on a NYSE stock (Ashland Inc.) during 1995. Herding often arises and is particularly pervasive on some days. The proportion of herd buyers (sellers) is 2 percent (4 percent) and is greater than 10 percent in 7 percent (11 percent) of information-event days. Herding causes important informational inefficiencies, amounting, on average, to 4 percent of the expected asset value.
Author | : Thorstein Veblen |
Publisher | : Aakar Books |
Total Pages | : 360 |
Release | : 2005-12 |
Genre | : Business & Economics |
ISBN | : 9788187879299 |
In The Theory Of The Leisure Class, His First And Best-Known Work, Thorstein Veblen Challenges Some Of Man S Most Cherished Standards Of Behavior And With Devastating Wit And Satire Exposes The Hollowness Of Many Of Our Canons Of Taste, Education, Dress And Culture. Veblen Uses The Leisure Class As His Example Because It Is This Class That Sets The Standards Followed By Every Level Of Society.The Sign Of Membership In The Leisure Class Is Exemption From Industrial Toil And The Mark Of Success Is Lavish Expenditure Conspicuous Consumption Is The Famous Term He Invented To Describe Spending Which Satisfies No Real Need But Is A Mark Of Prestige.The Process Veblen Criticized Continues Today The Same Worship Of An Empty Scale Of Values, The Same Urge To Prove Oneself Better Than One S Neighbor By The Conspicuous Accumulation Of Useless Objects And By Time And Money-Wasting Activities.
Author | : Mrs.Anne Jansen |
Publisher | : International Monetary Fund |
Total Pages | : 92 |
Release | : 1998-05-15 |
Genre | : Business & Economics |
ISBN | : 9781557757364 |
Hedge funds are collective investment vehicles, often organized as private partnerships and resident offshore for tax and regulatory purposes. Their legal status places few restrictions on their portfolios and transactions, leaving their managers free to use short sales, derivative securities, and leverage to raise returns and cushion risk. This paper considers the role of hedge funds in financial market dynamics, with particular reference to the Asian crisis.