 Definition of Herding instinct, herding behavior - Finance dictionary
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Herding instinct, herding behavior ((See Chapter 15 of the Vernimmen))
The herding instinct is the desire to follow the crowd, i.e. the tendency of individuals to mould their thinking to the prevailing opinion. Similarly, economists call this decision-making process an information cascade and believe that it happens in financial markets.
For more, see behavioural finance.
Herding instinct, herding behavior ((See Chapter 15 of the Vernimmen))
The herding instinct is the desire to follow the crowd, i.e. the tendency of individuals to mould their thinking to the prevailing opinion. Similarly, economists call this decision-making process an information cascade and believe that it happens in financial markets.
For more, see behavioural finance.
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Herding instinct, herding behavior ((See Chapter 15 of the Vernimmen))
The herding instinct is the desire to follow the crowd, i.e. the tendency of individuals to mould their thinking to the prevailing opinion. Similarly, economists call this decision-making process an information cascade and believe that it happens in financial markets.
For more, see behavioural finance.
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