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Herding or wisdom of the crowd? Controlling efficiency in a partially rational financial market

Herding has often been blamed as one of the possible causes of market instabilities, ultimately yielding to bubbles and crushes. On the other hand, researchers hypothesized that financial systems may benefit from the so-called wisdom of the crowd. To solve this apparent dichotomy, we leverage a nove...

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Dades bibliogràfiques
Publicat a:PLoS One
Autors principals: Della Rossa, Fabio, Giannini, Lorenzo, DeLellis, Pietro
Format: Artigo
Idioma:Inglês
Publicat: Public Library of Science 2020
Matèries:
Accés en línia:https://ncbi.nlm.nih.gov/pmc/articles/PMC7485832/
https://ncbi.nlm.nih.gov/pubmed/32915898
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1371/journal.pone.0239132
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