An examination of herd behavior in equit
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Eric C Chang; Joseph W Cheng; Ajay Khorana
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Article
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2000
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Elsevier Science
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English
โ 266 KB
We examine the investment behavior of market participants within dierent international markets (i.e., US, Hong Kong, Japan, South Korea, and Taiwan), speciยฎcally with regard to their tendency to exhibit herd behavior. We ยฎnd no evidence of herding on the part of market participants in the US and Hon