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