Theoretical analysis of information cascade in investment market

DOI

10.2991/ssemse-15.2015.613How to use a DOI?

Keywords

financial crisis;information cascade;herd behaviour; BHW model

Abstract

In recent decades continuous financial crisis has become an important research topic in economics. The formation of the financial crisis has been investigated in terms of price bubble, informational cascade, herd behaviour, irrational speculation. This paper employs BHW model to analyze the informational cascade and herd behaviour in the financial crisis and to summarize the formation of the current financial crisis.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xiangdong Zhou
AU  - Yan Xiong
AU  - Fan Liu
PY  - 2015/11
DA  - 2015/11
TI  - Theoretical analysis of information cascade in investment market
BT  - Proceedings of the 2015 International Conference on Social Science, Education Management and Sports Education
PB  - Atlantis Press
SP  - 2413
EP  - 2417
SN  - 2352-5398
UR  - https://doi.org/10.2991/ssemse-15.2015.613
DO  - 10.2991/ssemse-15.2015.613
ID  - Zhou2015/11
ER  -