Date of Submission

Spring 2014

Academic Programs and Concentrations

Economics

Project Advisor 1

Dimitri Papadimitriou

Abstract/Artist's Statement

This paper examines theoretical literature and empirical data on the existence of herd behavior in the financial markets. It reviews both rational and irrational arguments for herd behavior and ultimately concludes that this behavior is irrational. This type of behavior is viewed as having a destabilizing effect on financial markets. This paper, therefore, reviews current regulations and recommends specific public policy initiatives to reduce its presence.

Open Access Agreement

On-Campus only

Creative Commons License

Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial 3.0 License

Download

This work is protected by a Creative Commons license. Any use not permitted under that license is prohibited.

Bard Off-campus Download

Bard College faculty, staff, and students can login from off-campus by clicking on the Off-campus Download button and entering their Bard username and password.

Share

COinS