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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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| Pubblicato in: | PLoS One |
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| Autori principali: | , , |
| Natura: | Artigo |
| Lingua: | Inglês |
| Pubblicazione: |
Public Library of Science
2020
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| Soggetti: | |
| Accesso online: | 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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