Option‐implied information and stock herding
نویسندگان
چکیده
منابع مشابه
Herding with Costly Information
We consider a standard sequential decision to adopt/buy a good in a herding environment. The setup is same as in Sgroi (2002). Contrary to the basic herding case we introduce a cost that the agents have to pay for the information about their predecessors’ actions. All agents receive informative signals as in the standard herding models but do not view the actions taken by their predecessors unl...
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ژورنال
عنوان ژورنال: International Journal of Finance & Economics
سال: 2019
ISSN: 1076-9307,1099-1158
DOI: 10.1002/ijfe.1741