Herd Behavior Analysis in Tehran Stock Exchange with Chiang and Zheng Model

Objective: Behavioral finance, as a sub-field of behavioral economics, has posed many challenges to classic financial theories and market efficiency. In general, herd behavior emerges when investors decide to follow other investors rather than relying on their own analysis and knowledge and change t...

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Bibliographic Details
Main Authors: Hamed Vares, Hamidreza Arian, Benyamin Aryanayekta, Mohammad Javad Bannazadeh
Format: Article
Language:fas
Published: University of Tehran 2020-10-01
Series:تحقیقات مالی
Subjects:
Online Access:https://jfr.ut.ac.ir/article_78465_46c8c98f648ffed70a76d3ac3cec3e8f.pdf