herd behavior in financial markets and information dissemination network analysis（金融市场中的羊群行为和信息传播网络分析）.docVIP

Herd behavior in financial markets and information dissemination network analysis Write papers network: Abstract: At present, many theoretical and empirical studies have found that herd behavior is the result of financial market volatility is one important reason, therefore, understanding the evolution of the development of herd behavior, analyze the reasons for the phenomenon of herd, and some preventive measures are very meaningful work. herd phenomenon is very complex, from the perspective of information dissemination herd behavior. Keywords: herd behavior; information; investors Since the 1980s, has been traditional for? Finance that are irrational and unscientific herd behavior (Herd Behavior) research under increasing attention, especially over the past decade, the nature of the financial markets as people deepening understanding, coupled with frequent financial crises, market participants in financial markets makes the Internet interactive features (herd effect) more and more people’s attention. herd behavior studies to become a challenging practical significance direction of the herd behavior of financial markets is a non-rational behavior, the investor’s utility and the stability of the market have a negative impact both for the individual or the entire market, the existence of irrational herd behavior are negative in order to control this non-rational behavior, necessary to study the reasons for the formation of herd behavior and only for the causes of herd behavior with a deep knowledge and understanding, the only possible remedy, find the appropriate control methods. Market participants herd is under the influence of certain factors in the majority of participants’ behavior and consistency of the phenomenon. Herd behavior occurs, and the majority of investors regardless of their private information, and blindly follow others, this will lead to market interrupt the chain of information transfer, if imitated behavior point to the directi