Herd Behavior in Financial Markets

Herd Behavior in Financial Markets
Author: Sushil Bikhchandani
Publisher:
Total Pages: 38
Release: 2000
Genre: Capital market
ISBN:

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Herding and Feedback Trading

Herding and Feedback Trading
Author: Vasileios Kallinterakis
Publisher:
Total Pages: 39
Release: 2008
Genre:
ISBN:

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The behavioural expressions of herding and feedback trading maintain properties that render their coexistence a possibility. Although their joint presence has been largely confirmed by empirical work in the Finance literature at the micro level (i.e. using micro data), the pursuit of this issue at the macro level (i.e. the level of the aggregate market) has remained largely unexplored. To that end, we jointly test for herding and feedback trading at the market level using data from the Portuguese market for the 1993-2005 period. Our results indicate the combined significant presence of herding and positive feedback trading for that period, with this significance exhibiting signs of clustering during the second half of the 1990s, which accommodated a series of boom-bust episodes for that market.

Institutional Investors In Global Capital Markets

Institutional Investors In Global Capital Markets
Author: Narjess Boubakri
Publisher: Emerald Group Publishing
Total Pages: 402
Release: 2011-09-27
Genre: Business & Economics
ISBN: 1780522436

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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.

Designing Stock Market Trading Systems

Designing Stock Market Trading Systems
Author: Bruce Vanstone
Publisher: Harriman House Limited
Total Pages: 181
Release: 2010-08-23
Genre: Business & Economics
ISBN: 0857191357

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In Designing Stock Market Trading Systems Bruce Vanstone and Tobias Hahn guide you through their tried and tested methodology for building rule-based stock market trading systems using both fundamental and technical data. This book shows the steps required to design and test a trading system until a trading edge is found, how to use artificial neural networks and soft computing to discover an edge and exploit it fully. Learn how to build trading systems with greater insight and dependability than ever before Most trading systems today fail to incorporate data from existing research into their operation. This is where Vanstone and Hahn's methodology is unique. Designed to integrate the best of past research on the workings of financial markets into the building of new trading systems, this synthesis helps produce stock market trading systems with unrivalled depth and accuracy. This book therefore includes a detailed review of key academic research, showing how to test existing research, how to take advantage of it by developing it into a rule-based trading system, and how to improve it with artificial intelligence techniques. The ideas and methods described in this book have been tried and tested in the heat of the market. They have been used by hedge funds to build their trading systems. Now you can use them too.

Global Strategies in Banking and Finance

Global Strategies in Banking and Finance
Author: Dinçer, Hasan
Publisher: IGI Global
Total Pages: 497
Release: 2013-10-31
Genre: Business & Economics
ISBN: 1466646365

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"This book explores the concept of a global industry through case studies, emerging research, and interdisciplinary perspectives applicable to a variety of fields in banking and finance"--Provided by publisher.

ACRN Proceedings in Finance and Risk Series ‘13

ACRN Proceedings in Finance and Risk Series ‘13
Author: Dr. Othmar M. Lehner
Publisher: ACRN Publishing House
Total Pages: 575
Release: 2014-03-06
Genre: Business & Economics
ISBN: 3950351817

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Proceedings of the 14th FRAP Finance, Risk and Accounting Perspectives conference taking place in Cambridge UK.

Financial Market Drift

Financial Market Drift
Author: Lukas Menkhoff
Publisher: Springer Science & Business Media
Total Pages: 252
Release: 2012-12-06
Genre: Business & Economics
ISBN: 3642565816

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International financial markets play an increasingly important role. There can be no doubt that over the past twenty years the size of financial markets have grown at a faster pace than the size of the markets for goods and services. However, it is still unclear whether this is a desirable development. This book discusses the debate on the possible separation of the financial sector and real economy. The text makes use of established scientific research.

Behavioral Finance

Behavioral Finance
Author: H. Kent Baker
Publisher: John Wiley & Sons
Total Pages: 1184
Release: 2010-10-01
Genre: Business & Economics
ISBN: 0470769688

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A definitive guide to the growing field of behavioral finance This reliable resource provides a comprehensive view of behavioral finance and its psychological foundations, as well as its applications to finance. Comprising contributed chapters written by distinguished authors from some of the most influential firms and universities in the world, Behavioral Finance provides a synthesis of the most essential elements of this discipline, including psychological concepts and behavioral biases, the behavioral aspects of asset pricing, asset allocation, and market prices, as well as investor behavior, corporate managerial behavior, and social influences. Uses a structured approach to put behavioral finance in perspective Relies on recent research findings to provide guidance through the maze of theories and concepts Discusses the impact of sub-optimal financial decisions on the efficiency of capital markets, personal wealth, and the performance of corporations Behavioral finance has quickly become part of mainstream finance. If you need to gain a better understanding of this topic, look no further than this book.