Herd mentality could be driving the fierce world of finance, a new mathematical model shows.
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References
VictorM. Eguiluz and Martin G. Zimmermann . "Transmission of information and herd behaviour: an application to financial markets." Physical Review Letters 85 5659- 5662 2000.
ThomasLux and Michele Marchesi . "Scaling and criticality in a stochastic multi-agent model of a financial market." Nature 397 498 - 500 1999.
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Haw, M. Stockbrokers may act like sheep. Nature (2001). https://doi.org/10.1038/news010104-1
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DOI: https://doi.org/10.1038/news010104-1