Herd Behavior in Equity Markets - The International Evidence

Authors

  • Ilia Botsvadze International Black Sea University

Keywords:

financial market, herd behavior, investor psycology, market efficency

Abstract

The paper provides evidence about herd behavior in financial market. Explains psycology of herd behavior, the conditions
and the causes under which her behavior occurs in equity market. Work is an overview of the recent theoretical and empirical
researches on herd behavior in global financial market, trying to answer the question, does the herd behavior exist in equity
market?

Author Biography

Ilia Botsvadze, International Black Sea University

MA, Research Assistant, Faculty of Business Management, International Black Sea University, Tbilisi

Issue

Section

Articles