The DOI matches its Crossref record.
Herd Behavior in Financial Markets
Open accessAbstract
This paper provides an overview of the recent theoretical and empirical research on herd behavior in financial markets. It looks at what precisely is meant by herding, the causes of herd behavior, the success of existing studies in identifying the phenomenon, and the effect that herding has on financial markets.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cited by
Smith, R. D. (2006) · Social Science & Medicine · doi:10.1016/j.socscimed.2006.08.004 · Cited by 759
Wüstenhagen, R., & Menichetti, E. (2012) · Energy Policy · doi:10.1016/j.enpol.2011.06.050 · Cited by 505
A Longitudinal Study of Herd Behavior in the Adoption and Continued Use of Technology1
Sun, H. (2013) · MIS Quarterly · doi:10.25300/misq/2013/37.4.02 · Cited by 375
Susceptibility to and impact of interpersonal influence in an investment context
Hoffmann, A. O. I., & Broekhuizen, T. L. J. (2009) · Journal of the Academy of Marketing Science · doi:10.1007/s11747-008-0128-7 · Cited by 122
Bubbles in Bitcoin and Ethereum: The role of halving in the formation of super cycles
M'bakob, G. B. (2024) · Sustainable Futures · doi:10.1016/j.sftr.2024.100178 · Cited by 20
Metadata
- Authors
- Bikhchandani, S., & Sharma, S.
- Venue
- IMF Staff Papers
- Published
- 2000-01-01
- Volume
- 47
- Issue
- 3
- Pages
- 279-310
- ISSN
- 1020-7635 (ISSN-L)
- 1564-5150
- OpenAlex
- W1489293997
- Cited by
- 1,203
- References
- 0
- FWCI
- 8.83
- Type
- journal article
- Language
- en
- Open access
- green
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Herd Behavior in Financial Markets. https://app.cochat.ai/papers/10.2307/3867650
- The paper
- Bikhchandani, S., & Sharma, S. (2000). Herd Behavior in Financial Markets. IMF Staff Papers. https://doi.org/10.2307/3867650
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
