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

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