Handbook of Financial Markets: Dynamics and Evolution

Table of Contents

Copyright

List of Contributors

Preface

Introduction to the Series

Chapter 1. Thought and Behavior Contagion in Capital Markets

1.1.. INTRODUCTION

1.2.. SOURCES OF BEHAVIORAL CONVERGENCE

1.3.. RATIONAL LEARNING AND INFORMATION CASCADES: BASIC IMPLICATIONS

1.4.. WHAT IS COMMUNICATED OR OBSERVED?

1.4.1.. Observation of Past Actions Only

1.4.2.. Observation of Consequences of Past Actions

1.4.3.. Conversation, Media, and Advertising

1.5.. PSYCHOLOGICAL BIAS

1.6.. REPUTATION, CONTRACTS, AND HERDING

1.7.. SECURITY ANALYSIS

1.7.1.. Investigative Herding

1.7.2.. Herd Behavior by Stock Analysts and Other Forecasters

1.8.. HERD BEHAVIOR AND CASCADES IN SECURITY TRADING

1.8.1.. Evidence on Herding in Securities Trades

1.8.2.. ...