Herding in a Concentrated Market: a Question of Intent
While considerable evidence exists that institutions herd, the issue of why herding takes place remains unresolved. Using monthly holdings data for Portugal, we find clear evidence of herding and investigate whether such behaviour is intentional or spurious. By analysing herding under different mark...
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| Outros Autores: | , |
| Formato: | article |
| Idioma: | eng |
| Publicado em: |
2013
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| Texto completo: | http://hdl.handle.net/10400.14/13116 |
| País: | Portugal |
| Oai: | oai:repositorio.ucp.pt:10400.14/13116 |