financial market vs herding behaviors of society Nowadays I suppose that my country and its people share more characteristics with wildlife …. of course I see some common properties between it (my country and its people) and financial markets . In either wildlife and financial market , I can perceive herding behaviors among agents (Iran’s people). According to [1] “if the investors are homogeneous , market crashes are likely to appear”; In Iran , when you observe in the people ‘s behavior from outside, you may think they are the same one and their thoughts , their behavior , their manner , their life style , Their religious habits, their talks and so on.. is unified copy then paste copy then paste To me, Such a society will collapse soon, how do you think? Before said ” when is Rome , do as the Romans do ” but in my idea in Iran’s society should have different thoughts and manner till you overcome with rivals ! but how ….? [1] Levy M. , Levy H. and Solomon S.: A microscopic model of the stock market: cycles, booms, and crashes, in: Economic Letters, Vol.45, 1994, pp. 103-111
Posted on: Sun, 11 Aug 2013 12:32:03 +0000
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